Bank of America CEO: Economic Insights, Regulation, and Consumer Trends

• The US economy has undergone significant changes in policies related to trade, tariffs, immigration, taxation, budget, and deregulation under the Trump administration.
• While global growth is expected to slow down, the US economy is projected to grow at around 1% in the fourth quarter of 2025.
• Bank of America's customer data, including insights from 70 million American households and small businesses, show a strong consumer participation in the economy, with record-high cash balances and stable-to-growing account balances.

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