April US CPI inflation preview: 'The descent begins'

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Why you should and shouldn’t worry about credit card debt: BofA

May 12, 2024 8:00 PM EDT

In Bank of America's weekly viewpoint, the spotlight falls on the issue of credit card debt, with insights into both reasons for concern and reassurance.

The NY Fed's Quarterly Report indicates a significant uptick in credit card debt over recent quarters, surpassing $1 trillion for the first time in... More

Recession, AI, stagflation: BofA answers 5 key investor questions

May 10, 2024 2:00 PM EDT

Investors are navigating a landscape with economic uncertainty, prompting Bank of America (BofA) analysts to address five critical queries driving market sentiment.

Firstly, concerns over a shift from recession risk to stagflation loom large. BofA reassures that such a transition is improbable, citing historical data showing that despite periodic challenges, the vast majority of... More