July Economic Update with Tim Sustak and Scott Wood

The Federal Open Market Committee (FOMC) is meeting next week, which means Jaime is welcoming Vizo Financial’s SVP/chief treasury officer, Tim Sustak, and SVP/chief investment officer, Scott Wood, to the podcast to get their thoughts on what might happen at the meeting. They’re discussing whether the Fed will keep rates the same, like they did in June, or if we’re in for another rate hike. They’re also chatting about the possibility that rates will end up reaching levels that we haven’t seen since 2001 and how that could potentially affect credit unions, how close we are to bringing inflation back to two percent and the current condition of the labor market. Needless to say, Jaime, Scott and Tim are covering a lot in this episode, so make sure to check it out! Vizo Financial: www.vfccu.org Twitter: @VizoFinancial LinkedIn: https://www.linkedin.com/company/vizo-financial/