Economic Update with Scott Wood and Tim Sustak, Vizo Financial

Happy Wednesday! The November Federal Open Market Committee (FOMC) meeting is next week, so Jaime invited our two favorite economic gurus to this week’s episode of Financial Minds: Meet the Experts. She’s sitting down with Scott Wood, Vizo Financial’s SVP/chief investment officer, and Tim Sustak, Vizo Financial’s SVP/chief treasury officer, to chat about what happened at the last FOMC meeting, how the decision to cut rates by 50 basis points surprised economists and how the economy has been impacted by that decision. They’re also discussing: • Next week’s meeting and what could unfold. • The current value of a dollar, and how the third largest expense to the U.S. is the interest on our debt. • Lending and how it’s affecting credit unions. • Economic and market indicators that credit unions should be looking at in the upcoming months. And with the big election coming up next week as well, Jaime, Scott and Tim are exploring how those results and the FOMC’s decision could impact our future economy. This is one episode you don’t want to miss. Vizo Financial: www.vfccu.org LinkedIn: https://www.linkedin.com/company/vizo-financial/ Instagram: @vizofinancial