Bank of America CEO: Inflation could hit Fed’s 2% target by 2025
US inflation could hit the Federal Reserve’s 2% target in 2025, Bank of America CEO Brian Moynihan told CNN in an exclusive interview Tuesday. “We think it will take [Fed officials] all of this year and all of next year and into 2025 before they get inflation in line with their long term target,”…
#federalreserves #bankofamerica #brianmoynihan #poppyharlow #cnnthismorning #cmefedwatchtool