by
Catalyst Corporate | Dec 30, 2022
The annual inflation rate slowed to 7.7% year-over-year (YoY) in October, which is a positive indicator looking ahead to 2023. On December 14, the Federal Open Market Committee increased interest rates by 0.50% – bringing the target rate range to 4.25%-4.50%. There is a direct relationship between interest rates and inflation, which means rising rates tend to help curb inflation.
These are two of the many topics covered in Catalyst Corporate’s annual Insights & Outlooks webinar, which was broadcast on December 15 and is now available on-demand. In a fast-moving hour, a panel of experts from Catalyst Corporate and Catalyst Strategic Solutions touched on a wide range of economic considerations for 2023, including credit union balance sheet strategies, labor market forecasting and an outlook on the financial market.
Addressing the Fed’s recent interest rate increase, panelist and Catalyst Strategic Solutions Vice President of Advisory Service Steven Houle said one of the risks that has evolved over the last couple quarters is interest rate risk. “What is causing this to manifest?” Houle asked. “Is it asset allocation, rates, or lower capital?” Houle believes it is a combination of all three factors and will be an area of focus in the year ahead.
Houle was also joined by panelists Sarina Freedland, Catalyst Corporate Senior Investment Officer, and Casey Peterson, Catalyst Strategic Solutions Senior Advisor. Mark DeBree, Managing Principal of Catalyst Strategic Solutions, moderated the discussion that provided insights on how factors such as investments, loan demand, liquidity and pricing will affect the future state of the economy.
To learn more, view the 2023 Insights & Outlooks webinar on-demand.