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:
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