WSJ Opinion: Free Expression

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


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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.

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WSJ Opinion: Free ExpressionBy Gerard Baker, Editor at Large, The Wall Street Journal

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