WASHINGTON, DC (September 12, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the release of the Federal Reserve’s latest Beige Book:
“The Fed’s latest report continues to point to business anxieties over tariffs. But with a strong labor market putting consumers in position to drive the economy, the recovery remains on stable footing. Another rate hike is sure to come later this month, and another in December looks likely,” said NAFCU Chief Economist Curt Long.
The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.
