Bank of America(US:BAC) news flash·2025-07-16 14:22Core Viewpoint - Bank of America predicts that the Federal Reserve will not lower interest rates before next year, with the economy expected to grow moderately at an annual rate of approximately 1.5% by the end of the year [1] Group 1: Economic Outlook - The CEO, Moynihan, stated that the market environment has improved in the recent quarter [1] - The bank's research team continues to forecast no economic recession in the U.S. [1] - Personal and corporate clients are still actively consuming and seeking certainty [1] Group 2: Client Behavior and Market Conditions - Recent trade agreements and the passage of tax legislation have led clients to form clearer expectations for the future [1] - Clients are adjusting their behaviors based on these clearer expectations [1]