July Economic Update provides overview of forecast through 2024 and beyond

America’s Credit Unions Chief Economist Mike Schenk provides an overview of the newly minted Economic and Credit Union Forecast in the latest Economic Update video.  

The forecast group – which consists of eight current and former credit union industry economists – met earlier this month to discuss the economy, its trajectory, and the implications for credit unions. 

“The biggest takeaway from the consensus outlook is that it continues to reflect the idea that the Federal Reserve will deliver on its promise of a soft landing,” said Schenk. Watch the full video for a breakdown of the forecast. 

https://www.youtube.com/watch?v=r3-iaZI55Js

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