In this month’s program, CUNA Chief Economist Bill Hampel presents what seems to be general agreement about the state of the economy and the outlook for interest rates. He explores whether the economy is developing enough momentum to be able to operate with reduced government stimulus and continue growing on its own with a healthy recovery. Then he considers, given the economy and the Fed’s role in influencing interest rates, how “certain” or an economist can be about the interest rate outlook which has significant implications for the operations and strategic financial management of credit unions over the next 18 months.
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