US economy ‘roughly’ at pre-pandemic levels as America winning war with COVID: Bank of America CEO – Fox Business
Bank of AmericaCEO Brian Moynihan believes that the United States is “starting to win the war” against COVID-19, with the economy reaching “roughly” pre-pandemic levels.
The economy shrank considerably during the pandemic, contracting by about 3.5%: More than 400,000 small businesses closed, and some Americans had to rely on stimulus checks to make some purchases.
Moynihan said during an appearance on CBS show “Face the Nation” that vaccination efforts and reopening businesses has provoked a strong…