US Treasury yields flat until June, fall in second half: Reuters poll

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BofA survey suggests consumers plan to ease spending this year

January 10, 2024 8:30 AM UTC

In its consumer checkpoint note Wednesday, Bank of America said its Winter Spending Survey suggests consumers are planning to pull back a bit this year, potentially trimming their spending on meals out and other experiences.

The firm explained that consumer spending finished solidly in 2023, with total card spending per... More