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Regionally Speaking: PNC Financial Services Group May Economic Outlook

PNC Financial Services Group

On Wednesday, May 3, 2023 the Federal Reserve raised interest rates to a 16-year high raising its benchmark rate by another quarter of a point as fight to tame inflation persists. Federal Reserve Chairman Jerome Powell did however hint at a pause as soon as June. Lakeshore Public Media host Dee Dotson speaks to Abbey Omodumbi, an assistant vice president and senior economist with the PNC Financial Services Group to get the organizations take on the latest jobs report.

Dee Dotson is the host and producer of our radio show/podcast, Regionally Speaking. Dee is responsible for connecting with the northwest Indiana community to share their stories with the Lakeshore Public Media listening audience.