Chris Holman welcomes back Matt Elliott, Michigan State President and Region Executive, Bank of America Michigan, Detroit, MI.

Watch Matt and Chris discuss 2023, and how 2024 is shaping up for the customers of Bank of America in Michigan, in the YouTube video shared below:

Chris looked to find out several things from Matt:

What are the biggest takeaways that you and Bank of America have when looking back at the 2023 economy, particularly in Michigan?

As we look ahead to 2024, does the bank expect inflation to continue, and what impact do you expect it to have on interest rates?

Could 2024 be a strong year for investors, or is it too soon to tell?

Pundits and economists continue to suggest that there’s still a possibility of a recession, but Bank of America’s analysts and CEO have suggested we may avoid it or have only a slight recession. Do you think we’ll be able to avoid a recession in 2024? 

How does the bank plan to leverage technology and innovation in the upcoming year to stay competitive and meet the evolving needs of customers? 

What impact do you think the election cycles in the U.S. and abroad, and other geopolitical instability will have on the economy in Michigan in the year ahead? 

Part of your role at the Bank is as a sustainability leader. How do you see efforts in the U.S. and globally to improve sustainability and battle climate change intersecting with overall economic goals? 

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