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Bank of America CEO: US consumer ‘very strong’ even as world economy sees ‘synchronized slowdown’

January 22, 2019

Via: CNBC

Bank of America Chairman and CEO Brian Moynihan told CNBC on Tuesday the American consumer remains confident despite headwinds in the United States and around the world.

“We think the consumer is very strong right now,” Moynihan said on “Squawk Box” from the World Economic Forum in Davos, Switzerland. “Very strong ending the year, fourth quarter was strong; Christmas was strong. January so far has been strong relatively.”

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