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2023 Economic Outlook: Opportunities for Lenders
Manage episode 351729777 series 2913521
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Are we heading for a recession in 2023? And what should lenders do to prepare for a year of uncertainty? We interview Cris deRitis, deputy chief economist at Moody’s Analytics to uncover those opportunities in the lending industry.
Episode Highlights:
1:30 – Moody’s Analytics perspective on whether there will be a recession in 2023
2:45 – Consumer spending patterns
7:45 – How can lenders adjust their practices to find opportunities
9:39 – Lenders should also think long-term like demographic shifts
RESOURCES:
CreditForecast.com is a joint venture between Equifax and Moody’s Analytics. Get actionable consumer credit, economic and demographic data, forecast and analysis.
Global Credit Trends: Explore global credit and financial data insights. Delivering trends in credit risk, debt, utilization and delinquencies from around the world.
Visit our Market Pulse webpage to:
- Register for Market Pulse webinars to get relevant economic and credit insights to help your business make more confident decisions: https://www.equifax.com/business/trends-insights/marketpulse/
- Sign up for our free Credit Trends reports for insight on current consumer credit behaviors, trends, and performance across the U.S.
- Learn more about the Market Pulse podcast.
- Contact us at marketpulsepodcast@equifax.com
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