The PNC Financial Services Group, Inc. (PNC) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript

Economic Overview - The current economy appears strong with consumers actively spending and average consumer balances increasing across all cohorts [2] - Employment levels remain robust, with minimal changes in unemployment rates observed over the past year [2] GDP and Interest Rates - The GDP growth forecast for next year is projected to be around 2%, similar to this year, without significant fluctuations [3] - Anticipation of a couple of interest rate cuts in the upcoming year [3]