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2022 Economic Outlook
February 17 @ 12:00 pm - 1:00 pm
2022 Economic Outlook: Recovery Remains on Track Despite Omicron Fears & Supply-Side Headwinds- Sponsored by PNC
[Zoom Webinar] Thursday, February 17 , 2022 | 12:00-1:00PM PST
PNC Economics’ analyses and forecasts for the housing sector, labor market, consumer spending and the overall economy.
- Consumer spending, inventory accumulation, and business investment will drive economic growth this year.
- The unemployment rate will be below the pre-pandemic rate of 3.5% at the end of this year.
- PNC Economics expects the Federal Open Market Committee to raise the fed funds rate from its current near-zero level to slightly above 1% by the end of the year.
PNC Financial Services Group
Abbey Omodunbi is a senior economist for The PNC Financial Services Group. In this role, Mr. Omodunbi is responsible for contributing to PNC’s regional, national and international economic analysis and forecasts. Mr. Omodunbi is also the lead housing sector economist at PNC.
Prior to joining PNC in October 2018, Mr. Omodunbi spent three years in risk management at Goldman Sachs in New York. He also worked as a summer research fellow at The Conference Board in New York.
Mr. Omodunbi is a member of The Economic Club of Pittsburgh – the local chapter of National Association of Business Economics (NABE). He is the past research director at the non-profit FREE (Finance Requires Effective Education), a financial literacy initiative.Register Here