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Economic Outlook for U.S. Commercial Banks

Tuesday, December 07, 2021
30 minutes

The U.S. economy has recovered from the depths of the pandemic and the Federal Reserve has unveiled plans to taper its asset purchases in the bond market, but questions about the shape of the recovery persist. Inflation has reached its highest level in 30 years, while millions of people that left the workforce since the pandemic began still have not returned to full-time employment. U.S. GDP declined in the 3rd quarter and many economists have revised their outlook for future growth downward.

Tune in for a discussion with S&P Global Ratings Chief Economist Beth Ann Bovino on the outlook for the U.S. economy in 2022. The discussion will cover the economist’s view of inflation, the labor market and wage pressures, and the potential impact those factors could have on interest rates and actions by the Federal Reserve.

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S&P Global Contributor
Nathan Stovall is the director of the financial institutions research team for S&P Global Market Intelligence, which is responsible for data-driven news and research focused on banks, insurers and fintechs. Full Bio


S&P Global Contributor
Beth Ann Bovino is the U.S. Chief Economist at S&P Global Ratings, based in New York. Full Bio

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