The Economy

Production Pulse: Interest Rate Impacts on Manufacturing

May 11, 2023

IndustryWeek's Robert Schoenberger spoke with KeyBank Senior Vice President - Commercial Sales Leader Chris Doyle about rate hikes, inflation and the economy.

Robert Schoenberger

The Federal Reserve raised rates to 5% last week but signaled that further increases may slow. Immediately after, a better-than-expected jobs report implied that more rate hikes may be necessary to tamp down inflation.

It's a confusing time for manufacturers and other businesses, so IndustryWeek Editor-in-Chief Robert Schoenberger sat down with Chris Doyle, senior vice president and commercial sales leader at KeyBank to discuss the manufacturing economic landscape.

About the Author

Robert Schoenberger

Editor-in-Chief

LinkedIn: linkedin.com/in/robert-schoenberger-4326b810

Bio: Robert Schoenberger has been writing about manufacturing technology in one form or another since the late 1990s. He began his career in newspapers in South Texas and has worked for The Clarion-Ledger in Jackson, Mississippi; The Courier-Journal in Louisville, Kentucky; and The Plain Dealer in Cleveland where he spent more than six years as the automotive reporter. In 2014, he launched Today's Motor Vehicles (now EV Manufacturing & Design), a magazine focusing on design and manufacturing topics within the automotive and commercial truck worlds. He joined IndustryWeek in late 2021.