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.

The Fed is likely to retain its ‘wait-and-see’ approach at the Federal Open Markets Committee decision on Wednesday, but higher-for longer rates no longer support the dollar like they did before. This ...

Many of Bank of America’s certificates of deposits offer unimpressive rates. BoA boasts an annual percentage yield (APY) as low as 0.03%. Yet there are exceptions: Yields on the Bank of America ...

But are Bank of America’s savings account interest rates competitive? And how do the bank’s rates compare against national averages? Bank of America’s interest rates vary by ZIP code.

Brian Moynihan, CEO of Bank of America, also discussed whether he sees any validity in concerns about the end of American ...

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.

like interest rates and fees, at a higher weight percentage than others. We understand that these areas can more heavily impact a person's overall banking experience. Bank of America CD FAQs It ...

Americans looking to buy a vehicle in the near future might feel hope that the Federal Reserve's 50-basis-point federal funds rate ... Bank of America analysts say there will not be much of an ...

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 ...