BofA Upgrades Global Growth Forecast Amid AI Investment Boom

Bank of America has upgraded its global growth forecasts for 2026 to 3.2% from 3.1%, and for 2027 to 3.5% from 3.4%, citing the accelerating impact of AI investment in both the US and Asia. The bank attributes this upward revision primarily to an AI-driven export cycle, with lower oil prices also contributing mildly to growth in developed markets.

By Jake Conley · Breaking Business News Reporter Mon, June 29, 2026 at 7:12 PM GMT+3 3 min read · Yahoo Finance · June 29, 2026, 16:12 UTC

Tickers: $BAC

Topics: AI investment Bank of America forecast global economic growth

Read the full article at Yahoo Finance

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