Shows / Economic Insights by Nationwide
Episodes
Economic Insights by NationwideWhen could housing supply finally return?
What’s the current state of the housing market? When could the limited supply of existing homes improve? How has this limited supply impacted the new home…
- Economic Insights by Nationwide
Hot inflation print could delay Fed easing
Month-over-month inflation unexpectedly rose in January. What's driving this increase? How could this impact the Fed's decision to lower rates? Nationwide's…
- Economic Insights by Nationwide
How long can the strong job market continue?
The economy added 353,000 new jobs in January — much higher than expected. With many economists forecasting a recession this year, how much longer can the job…
- Economic Insights by Nationwide
How long could we have to wait for Fed easing?
The Fed held rates steady at its January meeting but laid some groundwork towards pulling back its restrictive policy stance later this year. When do we expect…
- Economic Insights by Nationwide
A stronger-than-expected end to 2023 for the economy
Nationwide's senior economist Ben Ayers and economist Daniel Vielhaber provide their analysis to the stronger-than-expected Q4 GDP report. How far will this…
- Economic Insights by Nationwide
Inflation is still a long way from trend
CPI surprised to the upside in December and core inflation continues to come in at a solid clip due to rising services costs. This creates a quandary for the…
- Economic Insights by Nationwide
Could the labor market's momentum carry into the new year?
Nationwide’s Senior Economist Ben Ayers and Financial Market Economist Oren Klachkin discuss December's jobs data and the outlook for hiring this year. What…
- Economic Insights by Nationwide
2024 Outlook: Could a mild recession take the steam out of inflation?
What could the economy look like in 2024, especially with a potential recession looming? How could the labor market and consumer spending be impacted? What's…
- Economic Insights by Nationwide
Have the markets gone too far in pricing in rate cuts?
Nationwide's Chief Economist Kathy Bostjancic and Head of Enterprise Portfolio Management Leo Svoboda react to the FOMC's recent announcement and press…
- Economic Insights by Nationwide
What's next for the auto market?
It was a newsworthy year for the auto market with widespread strikes disrupting new car production and loan rates rising to highest levels in more than 20…
- Economic Insights by Nationwide
AI's impact on productivity and the economy
How are companies like Nationwide using AI today? How could AI further improve productivity? Nationwide's Executive Vice President and Chief Technology Officer…
- Economic Insights by Nationwide
Softer data doesn't guarantee a soft landing
Inflation is easing and consumers continue to spend. But this may not lead to a soft landing as some pundits are calling for. Nationwide’s Senior Economist Ben…
- Economic Insights by Nationwide
Geopolitical events and the potential economic impact
What are the domestic and global conflicts we should be watching right now - and how could they impact the U.S. economy? Ben Brewster, Nationwide’s Vice…
- Economic Insights by Nationwide
Treasury joins the Fed in the spotlight
Rates were kept steady at November's FOMC meeting, but Chair Powell made it clear that further tightening is still on the table for future meetings. What…
- Economic Insights by Nationwide
A blowout third quarter for the economy
Real GDP growth accelerated sharply in the third quarter as consumers spent broadly and the economy continued to defy expectations. How long can consumers keep…
- Economic Insights by Nationwide
What is a soft landing and are we heading for one? (Part 2)
In part two of this two-part podcast, Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers discuss the current economic backdrop and…
- Economic Insights by Nationwide
What is a soft landing and are we heading for one? (Part 1)
In part one of this two-part podcast, Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers discuss soft landings and how they are…
- Economic Insights by Nationwide
Feverish employment is not all good news
The amount of job gains in September was more than double the consensus forecast, which is too hot for the financial market's liking. However, wage growth…
- Economic Insights by Nationwide
Outlook for the Housing Market
The rise in mortgage rates have had a predictable effect on home sales – which have been plummeting since the beginning of 2022. What else could be straining…
- Economic Insights by Nationwide
The Fed sticks with their higher-for-longer outlook
The FOMC held rates steady at its September meeting but kept a tightening bias for the remainder of the year. The Fed also signaled that monetary policy could…
- Economic Insights by Nationwide
Why is the path to trend inflation so long?
Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers provide their analysis of August's CPI data and discuss when the Fed may finally…
- Economic Insights by Nationwide
What remains on Congress's to-do list for 2023?
Congress returns to Capitol Hill this month from summer recess. What do they hope to accomplish before the end of the year? What impact could the 2024 election…
- Economic Insights by Nationwide
What are the implications from Powell’s speech in Jackson Hole?
Fed Chair Jerome Powell was the keynote speaker at this year's economic symposium in Jackson Hole, Wyoming. His speech included remarks on inflation, interest…
- Economic Insights by Nationwide
What states have the highest level of job growth?
With a tight labor market and wages on the rise, the current expansion rolls on. Are certain states performing better than others? If so, what's driving some…
- Economic Insights by Nationwide
What impact is back-to-school spending having on the consumer?
How are back-to-school costs shaping up this year and how does this fit within the broader spending narrative for consumers? Nationwide's Chief Economist Kathy…
- Economic Insights by Nationwide
July’s CPI inches the Fed closer to its inflation target
How does July's CPI report impact our outlook for inflation? What are the markets saying about the Fed’s ability to achieve its 2% inflation target? What is…
- Economic Insights by Nationwide
FOMC raises rates and keeps the door open for more
After skipping a rate hike at the June policy meeting, the FOMC raised the federal funds rate by 25 bps yesterday to a range of 5.25% to 5.5%. This marked the…
- Economic Insights by Nationwide
How strong is the construction industry right now?
The housing market has shown some signs of life in 2023 despite still high mortgage rates. Home construction has bounced back too, although concerns for a…
- Economic Insights by Nationwide
What's on tap for inflation in the second half of 2023?
The consumer price index cooled further in June as food and energy prices have eased in recent months. But strong housing and services inflation continues to…
- Economic Insights by Nationwide
Mid-year Economic Health Check 2023
As we enter the second half of 2023, how has the economy performed so far? What's our outlook for the rest of the year? Nationwide's Chief Economist Kathy…
- Economic Insights by Nationwide
China and its impact on the global economy
Rebecca Wilder (Senior Investment Professional and head of Emerging Markets, Nationwide Financial) and Scott Murray (Financial Markets Consultant) share their…
- Economic Insights by Nationwide
The Fed takes a pause...for now
The Fed announced no change in interest rates during their June meeting. This breaks the streak of 10 straight meetings in which the central bank raised…
- Economic Insights by Nationwide
What concerns do business owners have about the current economy?
A recent Nationwide Retirement Institute® survey revealed business owners’ top financial goals, priorities, and concerns ahead of a potential recession. We…
- 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…
- Economic Insights by Nationwide
How busy will the travel season be?
Consumers are spending broadly on services this year - which is good news for the travel industry. Nationwide’s Chief Economist Kathy Bostjancic and Senior…
- Economic Insights by Nationwide
How the strong labor market is impacting inflation
CPI was hotter again in April with higher gasoline prices and services costs. This comes on the heels of a stronger-than-expected jobs report for April which…
- Economic Insights by Nationwide
Could May's rate hike be the final increase of the year?
May 3, 2023: The FOMC announced a 25 basis point increase in the fed funds rate in its continued effort to slow down inflation. How effective has this…
- Economic Insights by Nationwide
GDP showed less resilience than expected
Despite a strong start to the year for hiring and consumer spending, the economy was less resilient in the first quarter than expected. What's in store for the…
- Economic Insights by Nationwide
Who's right: The Fed or the Financial Markets?
The bond market is again at odds with the Federal Reserve’s forecast for interest rates, placing nearly 50% odds of a rate cut at the September policy meeting…
Economic Insights by NationwideSupercore inflation and its impact on Fed policy
The consumer price index showed further signs of cooling in March, led by declining prices in grocery stores and at the gas pump. But it was not all good news…
- Economic Insights by Nationwide
Q2 Report: Markets bounce back even as macro risks continue to mount
Nationwide Market Insights (NMI)for Q2 is now available, featuring commentary and insight into the economy and financial markets. NMI's author, Nationwide’s…
- Economic Insights by Nationwide
Market impacts from the banking crisis
The banking industry has experienced several challenges recently, causing ripple effects in the financial markets and the overall economy. What contributed to…
- Economic Insights by Nationwide
The Fed delivers a dovish rate increase
At the outset of March's FOMC meeting, there was speculation that the Fed would pause rate increases, especially with the current banking crisis. However, at…
- Economic Insights by Nationwide
Outlook on inflation and high food prices
Inflation remains the hot topic as price pressures for consumers remain sticky in many categories - especially food prices. What did we learn from today's CPI…
- Economic Insights by Nationwide
The good and the bad of a tight labor market
With high service costs keeping inflation elevated, the exceptionally tight labor market will be a key swing factor for the Fed this year. Demand for workers…
- Economic Insights by Nationwide
What type of landing is likely ahead for the economy and what's the potential market impact?
Is the economy heading for a soft landing, a hard landing, or no landing at all? How could the financial markets be impacted under the different landing…
- Economic Insights by Nationwide
Outlook for the Housing Market
Last year the housing market was pummeled by the sharp rise in mortgage rates. Demand conditions still look quite dour in 2023, especially with loan rates…
- Economic Insights by Nationwide
Inflation's impact on corporate earnings
With the Q4 earnings season largely completed, earnings growth looks to be down around 5% y/y - the first decline on a year-on-year basis since Q3 2020…
- Economic Insights by Nationwide
Washington and the Economy
With new leadership in the House and a narrowly divided Senate, what are the key priorities for the 118th Congress? How much legislation should we expect from…
- Economic Insights by Nationwide
Labor is too hot to handle
The market for workers remains very tight and is supporting economic growth - while concerns for a potential recession continue to build. Wages for employees…
- Economic Insights by Nationwide
GDP growth ended 2022 with an unhealthy mix
What does the GDP report for Q4 2022 tell us about the state of our economy as the year came to an end? What impact has the Fed's rate hikes had on GDP? How…
- Economic Insights by Nationwide
How consumers could drive the economy in 2023
High prices and concerns about a recession are weighing on the minds of many consumers. How has this impacted consumer spending? What is our outlook for…
- 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…
- Economic Insights by Nationwide
Interview with NMI's author Bryan Jordan, Q1 2023
Nationwide Market Insights (NMI)for Q1 2023 is now available, featuring commentary and insight into the economy and financial markets. NMI's author…
- Economic Insights by Nationwide
2023 Economic Outlook
As we close out the year, it's time to look forward and provide our economic outlook for 2023. What could inflation look like next year? How much higher could…
- Economic Insights by Nationwide
FOMC strikes a hawkish tone, but future rate hikes could be pared to 25bps
In their final meeting of the year, the FOMC remains focused on controlling inflation and announced yet another rate increase. But this time, the rate increase…
- Economic Insights by Nationwide
Job and wage growth stronger than expected
November’s jobs report showed surprisingly strong hiring and faster growth in average hourly earnings — suggesting little easing of labor market conditions…
Economic Insights by NationwideAfter a tough year, businesses are ready to turn the page
This year's economic environment has challenged many businesses — with rising costs, a tight labor market, and worries of a pending recession. Nationwide’s…
- Economic Insights by Nationwide
2022 Holiday Shopping Outlook
Retail sales rose by 1.3 percent in October — its largest increase in eight months. What does this mean for the all-important holiday shopping in the weeks…
- Economic Insights by Nationwide
Agriculture challenged by high prices, weather, and global shocks
The U.S. economy has certainly seen turbulent times in 2022. And agricultural markets have not been immune to this, disrupted by geopolitics, weather events…