BANK OF AMERICA SEES 5 TAILWINDS FOR U.S. ECONOMY IN 2026 Bank of America expects 2026 U.S. growth of 2.4%, supported by Five key tailwinds: 1. OBBBA stimulus: Adds 0.3–0.4pp to GDP via consumer and capex support. 2. Fed cuts: Lagged effects likely to boost activity in 2H26. 3. Trade policy: Expected to be more growth-friendly, regardless of tariff rulings. 4. AI investment: Continues to support economic activity. 5. Base effects: From prior shutdowns to mechanically lift GDP. Inflation is likely to stay above target (headline PCE 2.6%, core 2.8%), while the labor market cools gradually with unemployment falling to 4.3%. Overall, BofA views 2026 as broadly positive despite lingering risks.(*Walter Bloomberg)