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News Now

CU System
Economists advice goes international
MADISON, Wis. (1/18/08)--Credit Union National Association (CUNA) Senior Economist Mike Schenk has been featured by more than 15 national and international media outlets for his recent comments on the economy with CNBC. Schenk was interviewed by CNBC Wednesday about the likelihood of a recession. The story has been picked up by media outlets such as Reuters and Forbes. He also has been quoted in international publications, including Guardian Unlimited, based in the United Kingdom, Yahoo News Asia, The International Herald-Tribune and Terra.com, a Brazilian news site. Recent reports show that consumer prices shot up last year at the fastest rate in 17 years, which “underlines our view that we’re on the razor’s edge here, that we could be headed into a recession,” Schenk said (Reuters Jan. 17).


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