Bank of America CEO on mortgage rates at 7%, inflation, wage hikes – Uptrends

Bank of America CEO on mortgage rates at 7%, inflation, wage hikes – Uptrends

American consumers are being pulled in two opposite directions right now: by rising prices that threaten consumption on one side, and by low unemployment and rising wages that are fueling growth on the other. But Bank of America predicts that the two forces, with the help of a push from the Fed, will reach an … Read more