Brian

CEO Bank of America Brian Moynihan Predicts No Interest Rate Cuts in 2023

6 days ago

Bank of America CEO Brian Moynihan expressed confidence that there will be no cuts in interest rates in the current year of 2023. During a recent interview, he noted that the economic environment in the country remains challenging, and it is expected that the Central Bank will continue to adhere to a tight monetary policy. According to him, rising inflation and complicated supply chains leave little basis for lowering rates in the near future.

Chipotle's Strategy to Mitigate Trump Tariff Costs Revealed by CEO

1 month ago

In a recent interview, Brian Niccol, the CEO of the fast-food chain Chipotle Mexican Grill, elaborated on how the company is managing the financial implications of tariffs imposed by the Trump administration on imported goods. These measures, primarily targeting trade with China, have significantly impacted the cost of certain ingredients and other items used in Chipotle's restaurants.