By Sara Haralson
February 2, 2016

Here’s one CEO who’s not scared off by those gloomy headlines about the financial markets and the global economy. Diebold CEO Andy Mattes tells Fortune’s Susie Gharib that the U.S. economy is “very resilient.” Even though Mattes says 2016 will be a “roller coaster year,” he predicts that there will be a “slight increase” in U.S. economic growth.

One bright spot for Diebold, which is one of the largest makers of ATMs in the world: higher interest rates. Given that Diebold’s customers are giant money center banks, Mattes says “a rate hike would be a clear, positive movement for our business environment.” If the Federal Reserve sticks to its plan to raise rates, banks stand to gain from the higher spread. As Mattes puts it, “If the banks make a little bit more money, they’re more willing to invest.”

SPONSORED FINANCIAL CONTENT

You May Like

EDIT POST