Ebrahim Poonawala, Bank of America Securities Head of North American Banks Research, joins 'Closing Bell Overtime' to talk a possible dovish pivot from the Fed and the impact of the financial sector.

Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.

Though policymakers cautioned that uncertainty remains elevated, it has “diminished” since May, the Federal Open Market ...

While any movement on interest rates seems improbable, the meeting will feature important signals that still could move ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

Brian Moynihan, CEO of Bank of America, also discussed whether the Federal Reserve may cut interest rates.

The compensation may impact ... faster. Bank of America offers CDs with a wide range of terms and just a $1,000 minimum opening deposit. Some of these options provide higher interest rates than ...

The compensation may impact how, where and in what ... The Bottom Line Frequently Asked Questions Bank of America’s savings account offers rates between 0.01% and 0.04%, far below the national ...

Dori Zinn is a personal finance journalist with more than a decade of experience covering credit, debt, investing, budgeting, saving, retirement, college affordability, jobs and careers and more.