September 2024 U.S. Economic Outlook
In a timely update for your Economic Outlook, Natalie Gallagher, Principal Economist at Prevedere discusses the big news of last week – the Federal Reserve’s 50 basis point cut, the largest basis point cut in 16 years!
Natalie reviews the implications for businesses with high level recommendations, with particular focus on debt, workforce and pricing. We review the dilemma of rate cuts with a background of persistent inflation, especially in Shelter (keep a watchful eye). Finally, Natalie reviews the Prevedere Economist Team’s updated projections now incorporated into the Prevedere Platform’s baseline and scenario projections, and an additional source to assist your planning processes.
Did you know there is a correlation between Unemployment and the Fed Funds Rate? Natalie illustrates the Fed Funds Rate as a leading indicator using Unemployment as an example.
On the agenda:
- Key Takeaways from the Federal Open Market Committee (FOMC) Meeting September 17-18
- Leading Indicator Spotlight: Fed Funds Rate
- Updated Outlooks: Fed Funds Rate, Unemployment, Inflation and Shelter Inflation
- Q&A
Natalie’s recommendations include maintaining optimum flexibility for reacting to new macroeconomic indicators. If you’d like Prevedere to identify those indicators that are the most relevant, impactful and are predictive for your business, contact us.
The webinar is on-demand. Contact us if you have questions for Natalie or would like additional information for how our customers leverage our Platform for collecting, tracking, leveraging and predicting key macroeconomic indicators for planning and decision-making.
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About Prevedere, Inc.
Prevedere is the world’s leading provider of external insights and predictive analytics solutions, combining technology and econometric analysis to deliver actionable intelligence. The Prevedere platform offers a patented AI-driven approach to identifying your most impactful and leading external indicators, constructing forward-looking models, supported by our Global Intelligence Cloud with data from thousands of external sources. Trusted by industry leaders such as Kraft Heinz, Kimberly-Clark, Cargill, and McDonald’s, Prevedere delivers strategic insights for superior risk mitigation and opportunity development.