Bank of America CEO Brian Moynihan sees clues to the U.S. consumer in the pet food aisle
CEO InterviewsHow is the U.S. consumer holding up? This, he added, is despite a wave of advertising by the premium pet food brands.“What you’re seeing is people are shifting, so people shift around and make room for the higher gas prices,” he said. “That’s the reality of the day-to-day consumer.”With almost 70 million customers, Bank of America’s data offers a detailed picture of how people are managing their money.
- ▪CEO InterviewsHow is the U.S. consumer holding up?
- ▪This, he added, is despite a wave of advertising by the premium pet food brands.“What you’re seeing is people are shifting, so people shift around and make room for the higher gas prices,” he said.
- ▪“That’s the reality of the day-to-day consumer.”With almost 70 million customers, Bank of America’s data offers a detailed picture of how people are managing their money.
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| Original publisher | NBC News — Top |
| Canonical URL | https://www.nbcnews.com/business/ceo-interviews/bank-america-ceo-brian-moynihan-consumer-rcna349168 |
| Publication time | Sun, 14 Jun 2026 22:53:45 GMT |
| Retrieval time | 2026-06-14T22:57:33.473Z |
| Last seen | 2026-06-14T22:57:33.473Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | -yR4NUf7o-WX |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
CEO InterviewsHow is the U.S. consumer holding up? Bank of America CEO Brian Moynihan sees clues in the pet food aisle“People shift around and make room for the higher gas prices,” he said, “That’s the reality of the day-to-day consumer.”Listen to this article with a free account00:0000:00Bank of America CEO Brian Moynihan.John Lamparski / Getty Images fileShareAdd NBC News to GoogleJune 14, 2026, 6:53 PM EDTBy Christine RomansBank of America CEO Brian Moynihan is one of the few people who really knows in real time how Americans are contending with rising inflation and higher gas prices.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at NBC News — Top.