The Financial Institution Learning Center

A banking blog that answers the industry's top questions and problems.

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    How Financial Institutions Can Stay Profitable in a Shifting Economy

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    Tricia Anderson
    Profitability Challenges Economy

    In December last year, FDIC acting Chairman Martin Gruenberg warned that higher inflation, higher interest rates, and geopolitical uncertainty could reduce bank profits in 2023. No one has a definitive forecast, but clouds of a possible recession also continue to appear on the horizon. In this uncertain economic climate, how will your financial institution prepare to weather the possible storms?

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