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flag Bank of America CEO forecasts 2% economic growth, advises Fed to keep interest rates steady.

flag Bank of America's CEO, Brian Moynihan, says the economy is performing better than expected, with solid but slower growth anticipated this year, around 2%. flag Despite low consumer confidence and inflation concerns, spending remains strong, especially in services. flag Moynihan suggests the Federal Reserve should maintain interest rates, advising caution against cuts due to economic uncertainties like tariffs.

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