PropertyCasualty360 Luminaries

The “Luminaries” brand is synonymous with several other professional recognition programs fostered by my colleagues who cover highly-regulated industries for ALM, a global information, data, intelligence and content company with reporters and editors all over the world. (Photo: Athitat Shinagowin/Adobe Stock) The “Luminaries” brand is synonymous with several other professional recognition programs fostered by my colleagues who cover highly regulated industries for ALM, a global information, data, intelligence and content company with reporters and editors all over the world. (Photo: Athitat Shinagowin/Adobe Stock)

As we closed the October 2022 issue of NU Property & Casualty magazine, the Federal Reserve had just announced its third consecutive interest-rate hike this year. I don’t need to tell you what that move signaled to many economy watchers: Recession is in the air.

Economic forecasting is far from my area of expertise, but life has shown me two financial truths: What goes up must come down, and higher interest rates can translate into money pain for businesses and individuals.

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Elana Ashanti Jefferson

Executive Editor Elana Ashanti Jefferson is a veteran journalist and communications professional. She can be reached by sending email to [email protected].

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