Brian Moynihan warns the economy risks ‘malaise’ due to government shutdown, as deals slow and Federal workers pull back on spending

fortune.com/2025/10/30/brian-moynihan-bank-of-america-economy-risks-malaise-shutdown

When the government shutdown began, the general consensus was that it wouldn’t be too detrimental to the economy. Sure, certain data sets would be absent. And yes, there may be a mild downturn in consumer spending in a couple of regions due to federal workers not being paid. But the…

This story appeared on fortune.com, 2025-10-30 11:10:24.
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