2015: The year of the consumer

After several years of intently watching the Fed for clues as to the economy, the markets and interest rates, 2015 will be the year that we can finally take our eyes off the Fed, and focus on the consumer. Think this year won’t be about the consumer? Think again. The...

Interest Rate Risk

The NCUA is hyper-focused on interest rate risk (IRR). They go so far as to include an “Interest Rate Risk Resources” button on their main webpage that includes, among other items, a video featuring NCUA Chief Economist John Worth highlighting the agency’s concerns...

Your future is upside-down

No assessment of a credit union’s risk is complete without a macro outlook on the economy and interest rates. But how can a credit union best develop a forward view of economic factors? As the old joke goes, if you line up all the economists in the world end-to-end,...