Economic update examines inflation pressure

CUNA Chief Economist Mike Schenk examines what increasing inflation means for credit unions in the most recent Economic Update video.

Schenk puts the current numbers into broad historical context, outlines the dangers of persistently high price increases, and explores what could happen going forward.

These developments will have far-reaching and significant implications for consumers, credit union operations, and the overall performance of the macroeconomy, Schenk says.