Gus Faucher

Chief Economist at PNC Financial Services Group and 5 other companies
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  • The events in Ukraine were not on the minds of business owners when the survey was conducted in January. There was concern at that time about rising prices, and that worry has likely intensified now given the rapid increase in energy prices, among other factors.

    23 May 2022
  • Rising interest rates are designed to cool off growth, hopefully without pushing the economy into recession. If the central bank raises their rates too much, that can push the economy into recession.

    23 May 2022
  • The economic fundamentals are very solid right now. Some of the downside risks that the Federal Reserve had been concerned about have faded now that we have a Phase 1 trade deal.

    30 January 2020
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