BofA's Moynihan on Consumer Spending, Wages, Inflation

Brian Moynihan, CEO of Bank of America, discusses various topics including employee wages, client services, digital banking, economic outlook, and ESG metrics. He highlights the bank's efforts in raising minimum wages, enhancing digital services, and maintaining a strong economic position. Moynihan also addresses the challenges of aligning Wall Street with Main Street and the importance of sustainable practices.

What changes in consumer behavior have been observed post-pandemic according to Brian Moynihan?

What challenges does the Federal Reserve face according to the discussion?

What is Brian Moynihan's perspective on the current state of the consumer economy?

How does Brian Moynihan view the role of metrics in evaluating ESG performance?