Bank of America Corp at Sanford C Bernstein Strategic Decisions Conference Transcript

Jan 22, 2024

Jun 01, 2023 / 06:30PM GMT
John Eamon McDonald - Autonomous Research US LP - Senior Analyst of US Large-Cap Banks

Thanks, everyone. Appreciate you joining us. We're happy to have Bank of America back again, CEO, Brian Moynihan. Brian, thanks for joining us.

Brian Thomas Moynihan - Bank of America Corporation - Chairman, CEO & President

It's good to be here, John. Good to be here.

Questions and Answers:

John Eamon McDonald - Autonomous Research US LP - Senior Analyst of US Large-Cap Banks

As always, we'll start off asking you your views on the macro. This time last year, we were talking about whether the Fed will be able to tighten and also engineer a soft landing while killing inflation a year later, we've hike 500 basis points. Inflation is still high, maybe coming down and unemployment remains very low. How do you size up the Fed's task from here? How much has been done? What needs be done in your outlook for the macro in general?

Brian Thomas Moynihan - Bank of America Corporation - Chairman, CEO &

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