AI Surge Propels Global Growth: BofA Elevates Forecasts, Warns of Fed Rate Hike Risks
Bank of America (BofA) has significantly upgraded its global growth projections, citing the accelerating impact of the artificial intelligence (AI) investment boom. This shift marks a pivotal moment, with AI-driven capital expenditure now eclipsing traditional consumer spending as a primary engine of economic expansion. According to BofA’s recent midyear report, global economic growth is now … Read more




