The American Bankers Association Economic Advisory Committee, a group of chief economists from the nation's largest banks, present an economic forecast and discuss their monetary policy predictions on Thursday in Washington, D.C.
Economic Advisory Committee Chairman Scott Anderson of Bank of the West discuss the committee's perspectives on how the federal budget negotiations will affect the economy, when employment levels will rise, the importance of a housing recovery and how much the Federal Reserve is helping.
James Chessen, the American Bankers Association’s chief economist, made introductory remarks.