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Closing Bell: Bank of America CEO on Earnings, Wells Fargo CFO Weighs In, Defense Downgrade 1/13/23

Closing Bell

00:00

Is the Consumer Still in Good Shape?

I think that they're going to hold rates high for long. They've got to be more ardent about fighting inflation than anything else. And yet there's parts of it that are still worrisome. As long as American consumers are in pretty good shape, America will be in pretty good condition.

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