A Top Banker on the Fed, Tariffs, and the Uncertain Outlook for the U.S. Economy

With Donald Trump’s tariffs heading towards a Supreme Court showdown, his efforts to reshape the Federal Reserve in his own image intensifying, and another Washington battle under way over funding the federal government, the U.S. economy and markets face new uncertainties entering the fall. On this episode of Free Expression, Bank of America CEO Brian Moynihan tells Gerry Baker that despite the uncertainty, he sees no U.S. recession in the near future and thinks inflation remains contained. But he emphasizes the importance of Fed independence and offers his thoughts on tariffs and the growing fiscal crisis, and on the challenges and opportunities posed by crypto currency and artificial intelligence to the banking system. Learn more about your ad choices. Visit megaphone.fm/adchoices