Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.

Though policymakers cautioned that uncertainty remains elevated, it has “diminished” since May, the Federal Open Market ...

Ebrahim Poonawala, Bank of America Securities Head of North American Banks Research, joins 'Closing Bell Overtime' to talk a possible dovish pivot from the Fed and the impact of the financial sector.

Dori Zinn is a personal finance journalist with more than a decade of experience covering credit, debt, investing, budgeting, saving, retirement, college affordability, jobs and careers and more.

While any movement on interest rates seems improbable, the meeting will feature important signals that still could move ...

The compensation may impact how, where and in what ... The Bottom Line Frequently Asked Questions Bank of America’s savings account offers rates between 0.01% and 0.04%, far below the national ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

The compensation may impact ... faster. Bank of America offers CDs with a wide range of terms and just a $1,000 minimum opening deposit. Some of these options provide higher interest rates than ...