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.

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.

Bank of America Corp.’sBAC 1.93 % increase; green up pointing triangle earnings likely will be less volatile from quarter to quarter as the result of an accounting change the bank announced Friday.

You can see the prime rate has continued to edge higher in 2023 since jumping to a multiyear high in late 2022, bringing Bank of America's net interest income higher with it. The trends ...

Bank of America predicted the Fed will cut interest rates in the middle of 2024. It thinks the country can achieve a soft landing next year, as well. Still, Fed Chair Jerome Powell said the ...

If you’re looking for a decent yield on your savings account, extend your search beyond Bank of America, which offers savings rates ranging from a measly 0.01% to 0.04%.

Bank of America savings account options. Bank of America has just one savings account: Advantage Savings. The base APY is 0.01%, but if you’re eligible and enroll in the Preferred Rewards ...

Since most Bank of America customers have variable rate cards, however, they could still see their interest rates go up. The interest on variable-rate cards is tied to the rise and fall of the ...

Bank of America’s rates on CDs are typically lower than national averages, but the bank’s featured CD offers 4.00% APY for a seven-month term.

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 ...