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Economic Update Solution:
 
PDFTenth District Member Trends Quarterly Analysis / Q2 2020

The substantial business disruption triggered by the COVID-19 global pandemic continues to plague the economy and challenge financial institutions.

The Fed maintains a dovish stance on the economy with risk skewed toward additional accommodation should financial conditions tighten. Economic risks increase as efforts are made towards further reopenings should COVID-19 cases again accelerate.

The Fed has stated that uncertainty remains “very elevated” and that continued fiscal support will be necessary. The stalemate on Capitol Hill persists over the next round of fiscal support as expanded unemployment benefits and the second round of Paycheck Protection Program (PPP) lending have expired.

 

 

 

  

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Our Strategic Planning and Member Solutions department monitors today’s economic environment and analyzes our members’ financial trends and business activity. The department serves our members by identifying funding and liquidity strategies or solutions that fit their needs and help them enhance their financial performance.
 
 

Address:

500 SW Wanamaker Road
Topeka, KS 66606

Phone:

785.233.0507

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