ALEXANDRIA, VA. (4/2/12)--The ongoing economic recovery and the National Credit Union Administration's (NCUA) recently adopted interest rate risk (IRR) rule are addressed in the NCUA's latest YouTube briefing by its Office of the Chief Economist.
In the video, NCUA Chief Economist John Worth notes that while the economy does seem to be bouncing back post-recession, increasing oil prices do pose a risk to this recovery.
Worth in the video is also joined by Office of Capital Markets Director J. Owen Cole, who addresses the NCUA's final IRR rule.
The agency earlier this year announced it would release an ongoing series of YouTube videos to inform the public and credit unions about general economic and credit union specific developments.
The videos can also be viewed on the NCUA's YouTube page by using the resource link below.