Questions remain about the economic outlook visualized with question marks on top of a $100 bill.. Credit/Shutterstock

CUNA said it expects the economy will cool down in the second half of the year, as interest rates rise and loan growth slows. But the chances of a recession through 2024 are becoming more remote.

CUNA’s latest forecast also showed credit union asset growth slowing through the end of the year. That in turn would help credit unions keep ROA better than it would otherwise be for the year, despite the other bad news.


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Jim DuPlessis

A journalist for decades.

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