Bank of America CEO Brian Moynihan says "affordability is a challenge" for customers
First publishedJul 19, 15:57 UTC
Last updatedJul 20, 15:58 UTC · 12h ago
1 outlet
CBS News
1 outlets over time — hover a bar for its window & outletslast updated
Answer
Bank of America CEO Brian Moynihan told "Face the Nation with Margaret Brennan" that he has been hearing from customers that "affordability is a challenge" amid rising gas and food prices and inflation, but he added that "in the last couple months, we're seeing the wage growth of all income cohorts kind of coalesce together around 3 to 4% which is good."
Reported by 1 outlet — CBS News. See all sources ↓
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In brief
- What's the story?
- Bank of America CEO Brian Moynihan told "Face the Nation with Margaret Brennan" that he has been hearing from customers that "affordability is a challenge" amid rising gas and food prices and inflation, but he added that "in the last couple months, we're seeing the wage growth of all income cohorts kind of coalesce together around 3 to 4% which is good."
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 12h ago.
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Bank of America CEO Brian Moynihan says "affordability is a challenge" for customers
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Related in the knowledge graph
organizationAmerica CEO Brian MoynihanorganizationBankorganizationFaceorganizationMargaret BrennanorganizationNation
Sources (1)
Avg source rating 8.0/10Processing cluster
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