Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
![Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’](https://image.cnbcfm.com/api/v1/image/108089692-1737465365659-HzwAn7bQ.jpg?v=1737465445&w=1920&h=1080)