Economist Briefly Breaks Down Volatility and Issues for CUs

Screen shot of Dr. Robert Eyler's video update

In his most recent video-update for credit union senior management across California and Nevada, Economist Robert Eyler breaks down what’s happening in the current economy, geo-political issues, and much more during a quick five-minute update.

You can view or listen to “Recovery, Uncertainty and Members” as your credit union and board of directors continue making sense of what’s happening around the nation and world, and how it may impact your members — including:

  • Economists’ monthly "fine-tuning" of the latest U.S. Gross Domestic Product (GDP), unemployment rate, and inflation forecasts (given geo-political and other issues).
  • How aggressive the Federal Reserve should be with respect to short-term interest rate hikes, and the thinking behind this.
  • The evolution/path of the continued jobs market recovery in California and Nevada over the past couple of years, and future monthly expectations in 2022.
  • Continued global uncertainty and its local effect on credit union members and local communities.
  • Big questions going forward regarding consumer purchases, payroll hiring and re-hiring, deposit savings rates, loan growth rates, slower home construction, the housing market, and California’s out-migration pressures.

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