Latest / Economic Insights by Nationwide
Inflation Update: Are we out of the woods?
Following a string of weaker CPI prints, inflation appears to have crested in the second half of 2022. Easing commodity prices and healing supply chains have cooled prices, even with services costs still accelerating. But inflation remains very high heading into 2023, likely driving further rate hikes by the Fed in coming months. Nationwide economists Kathy Bostjancic and Ben Ayers provide their reactions to the latest CPI report for December 2022.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.