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Home ABA Banking Journal Podcast

Podcast: How fiscal stimulus counters rate hikes and props up capital investment

October 20, 2023
Reading Time: 2 mins read
Podcast: How fiscal stimulus counters rate hikes and props up capital investment

Semiconductor manufacturing and ancillary investments remains a business growth area in 2023.

“Capital investment has surprised a great bit of our economy and the business community,” says TD Bank EVP Bill Fink. “As rates go up, how could we be having stronger capital investment?” In the latest episode of the ABA Banking Journal Podcast — the third in a series of conversations on the business outlook, sponsored by Intrafi — Fink discusses how the fiscal stimulus of the CHIPS and Science Act and the Inflation Reduction Act, as well as state economic development packages for incentivized facilities in the high-tech, semiconductor and green tech sectors, are offsetting the increase in rates.

In this episode, Fink also talks about:

  • Where businesses are looking for growth in an era of rates being “higher for longer.”
  • The durability and strength of warehousing and manufacturing facilities in commercial real estate.
  • Continued opportunities for add-on acquisitions amid a constrained M&A market.

If you can’t see the audio player above, click here to listen to this week’s episode.

This episode is sponsored by Intrafi Network.

In this episode:

William Fink
EVP and Head of Commercial Bank Strategic Partnerships
TD Bank

 

Tags: ABA Banking Journal PodcastCommercial real estateLarge and middle market business lending
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Author

Evan Sparks

Evan Sparks

Evan Sparks is editor-in-chief of the ABA Banking Journal and senior vice president for member communications at the American Bankers Association.

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