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U.S. Economic Outlook & Its Impact on Credit Unions
The U.S. economy is experiencing historic demand and supply shocks leading to the highest inflation in 40 years. The Federal Reserve has raised interest rates at the fastest pace in 40 years.
What will higher interest rates do to the economy in 2024 and beyond? Are fundamental changes in the jobs market apt to cause long-term labor shortages and wage pressures? Explore the possible paths of the economy and what impact it will have on credit union balance sheets and income statements for the next two years.
Presented by - Steven Rick (Director, Chief Economist)
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