<div id="readability-page-1"><p>One of America’s largest banks says the U.S. economy could be stronger than many investors expect and suggests Wall Street may be underestimating growth potential under current economic policies.</p> <p>Bank of America (BofA) raised its 2026 GDP growth forecast from 2.6% to 2.8%, striking a bullish tone well above market consensus.</p><p>CEO Brian Moynihan outlined the upgraded outlook in a Monday interview with FOX Business’ Maria Bartiromo in Davos, Switzerland.</p> <p><strong>BANK OF AMERICA TO AWARD $1B IN STOCK TO NEARLY ALL EMPLOYEES THROUGH SHARING SUCCESS PROGRAM</strong></p> <div><div>    <img src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/931/523/brian-moynihan-fox-biz-getty.jpg/query-dGw9MSZ2ZT0x?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="931" height="523" original-src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/931/523/brian-moynihan-fox-biz-getty.jpg/query-dGw9MSZ2ZT0x"/></div> <p><span>Bank of America Chairman and CEO Brian Moynihan appears on the FOX Business Network on March 27, 2025, in New York City.</span><span> (Photo by John Lamparski/Getty Images / Getty Images)</span></p></div><p>&#34;What’s behind that move is a belief that there are more good things happening in the U.S. economy in 2026 than we thought earlier this year,&#34; Moynihan said.</p><p> &#34;So we moved from 2.6% growth to 2.8%, which is well above the general consensus.&#34;</p><p><strong><u>SOME AMERICANS WILL LOSE POPULAR 401(K) TAX BREAK IN MAJOR RETIREMENT RULE CHANGE STARTING 2026</u></strong></p><div><div>    <img src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/10/931/523/bank-of-america.jpg/query-dGw9MSZ2ZT0x?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="931" height="523" original-src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/10/931/523/bank-of-america.jpg/query-dGw9MSZ2ZT0x"/></div> <p><span>Signage at a Bank of America branch in New York, on Saturday, Oct. 5, 2024.</span><span> (Michael Nagle/Bloomberg via Getty Images / Getty Images)</span></p></div><p>Moynihan said while the outlook reflects a generally positive view from the bank’s research team, he emphasized that client activity also influences the firm’s economic perspective.</p><p>He noted early January spending and seasonal patterns have shown signs of strength, reflecting resilient consumer behavior.</p><p><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></p><p>He added that credit conditions and earnings results among large banks have been solid, which he interpreted as supportive of economic growth prospects in 2026.</p></div>

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<p>Bank of America CEO Brian Moynihan expressed a bullish outlook on the U.S. economy, raising the bank's 2026 GDP growth forecast from 2.6% to 2.8%. He believes that the economy is stronger than many investors expect, citing resilient consumer behavior and solid credit conditions. Moynihan's comments were made during an interview in Davos, Switzerland, where he emphasized that the bank's positive outlook is influenced by client activity and early spending patterns.</p>

- Bank of America has raised its 2026 GDP growth forecast from 2.6% to 2.8%, citing stronger-than-expected economic indicators.  
- CEO Brian Moynihan believes that positive consumer behavior and solid credit conditions support this bullish outlook, which is above market consensus.  
- The bank's research and client activity have contributed to this optimistic assessment of the U.S. economy’s growth potential.

Big bank CEO turns ‘bullish’ on US economy, cites credit, spending strength