Powell Downplays Growing Risks, Sees Tariff Impact as Transitory [Yahoo! Finance]

Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance
Most Read from Bloomberg Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style Amtrak CEO Departs Amid Threats of a Transit Funding Pullback NYC Plans for Flood Protection Without Federal Funds The Scary Thing About the Wildfire That Was Stopped A Malibu Model for Residents on the Fire Frontlines Speaking to reporters following a two-day meeting of policymakers, Powell downplayed mounting growth concerns and the price hits that could be on the way from President Donald Trump's aggressive trade war. He even revived a once-abandoned term to say the inflationary impact of tariffs is likely to be transitory. “As I've mentioned, it can be the case that it's appropriate sometimes to look through inflation if it's going to go away quickl
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Earnings
- 10/15/24 - Beat
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- 3/20/25 - Form 424B2
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