Latest / Economic Insights by Nationwide
How the strong labor market could influence the next rate hike decision
The labor market is showing little evidence of slowing despite the Fed’s effort to decrease demand through higher interest rates. Next week’s FOMC meeting will be watched closely as the committee debates raising the fed funds rates again. Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers share their analysis of the latest employment report and what the Fed may announce at their upcoming meeting. Will they raise rates again or decide to pause for now? What other economic indicators are worth watching right now? And how has the pandemic impacted the business cycle?
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