Key takeaways  Bank of America internal data suggests consumer spending was broadly stable in May, with Bank of America total card spending per household up 0.1% month-over-month (MoM), seasonally adjusted. The year-over-year (YoY) growth rate remains negative at -0.2% YoY.  Bank of America data shows older generations’ spending growth is outstripping that of younger generations. Older households benefited from the…

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