The company’s company’s General Director says economic growth is “people thinking” and Fed should wait for Fed


Bank of America Brian Moikhan: Economy should be better than people think

Bank According to the General Director Brian Moikhan, consumers’ expenses and economic growth continue to be slow this year.

Regardless of the surveys shown Trust is at about three-year low According to Moinhan, as informed about inflation, CNBC reports to CNBC, and consumers are switching to goods and services that provide data from data display.

“We are in this classic moment … Consumer:” I say a pessimistic, “said in some surveys and so,” he said.Compression box“Interview”. But if you see what you are doing with your days, they will continue to spend, it means that it should be kept better than people think of the economy. “

In terms of numbers, the total volume of the total volume of this bank has been approached by 2% this year, the head of the bank reports. Some slowing appears Donald Trump TariffsWhich Murekhan completes about 0.4 percentage growth in terms of economics.

However, he called for a 2% level to “grow up the trend.” We all tried to reach 10 or 15 years after the financial crisis.

“We know the consumer, so it does not obey the economy well,” Moikhan added. “There are many questions there, so I think it will be sorted now. We are talking about what you might be right now, we talk about it. The consumer continues to spend great on the first part of this year. “

Feeded Outlook

The interview came that day Federal reserve produces its final solution by interest rates. Markets do not allow to cut at the meeting, and Moikhan obstructed the Bank’s call, which only the central bank does not move on Wednesday, but it cannot hold until 2026.

“Even if I eat, it would be careful to cut a little caution for cutting, without knowing how to do the effects of tariffs,” he said. “Maybe they were released last year or even.

Moikhan is better to hold a “real interest rate” 3% near the financial crisis, which starts from the financial crisis to Cowid Pandemica.

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