Bank of America CEO Brian Moynihan says nothing will slow U.S consumer from spending money

(CNBC) U.S. consumers are “in good shape” and will keep spending at an elevated clip, at least in the near term, according to Bank of America CEO Brian Moynihan. “Consumers are in good shape, not overleveraged,” Moynihan, CEO of the second biggest U.S. bank by assets, told Bloomberg Television from Davos, Switzerland.

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