2023 Economic Outlook: Opportunities for Lenders

Market Pulse · Dec 13, 2022 · 12m · transcript

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…