Thanks to the policies of the Federal Reserve, quantitative easing and both long- and short-term interest rate projections, Dr. Nick Perna is optimistic, although not enthusiastic, about U.S. economic growth over the next decade.
"We're going to scrape by," said Perna, the resident economist at Alloya Corporate Federal Credit Union in Warrenville, Ill., to attendees Wednesday at the Credit Union Association of New York's 2014 Economic Forum this week in Albany, N.Y.
"There will be ups and downs, but we will have enough momentum to move through it. But I would not rule out another period of low interest rates," Perna said.
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