Articles by Steve Rick
The Fed projects low short-term interest rates through 2014.
March 12, 2012
In January, the Federal Reserve announced that projected economic conditions would warrant exceptionally low short-term interest rates “at least through late 2014.”Read More
CU net interest margins could drop below 3% for the first time in history.
December 12, 2011
Don't expect a turnaround until 2013.Read More
Will the Fed institute QE3, extend QE2, or shrink its balance sheet?
July 1, 2011
Should the Federal Reserve start a new round of quantitative easing (QE3) to ensure the economic recovery, or is it time to let the market determine interest rates and let economic chips fall where they may?Read More
How does your CU plan to rebuild its loan portfolio this year?
April 11, 2011
The flood of new regulations makes this an ideal time to discuss the CU difference with your members.Read More
Only time will tell if QE2 is effective.
January 1, 2011
The Fed believes QE2 is a necessary condition to support a fragile recovery, and a way to prevent disinflation from becoming deflation.Read More
The two sides of the debate are worth consideration.
November 10, 2010
There are two sides to the debate. Are you a double-dipper or a recoverian?Read More
The top 10 effects of the Euro-Zone debt crisis on the U.S. economy.
August 19, 2010
The latest "100-year" economic crisis to affect the global economy, which lately seems to occur every seven to eight years, is the Euro-Zone debt crisis. The culprit: Too much borrowing and spending during the last decade.Read More