Name: The Fed sticks with their higher-for-longer outlook by Nationwide Economics
Duration: 20 min
Description: 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 remain restrictive well into 2024 and maybe even into 2025. Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers discuss the Fed's economic outlook and the possibility of a soft landing. [NFM - 22911AO]

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 remain restrictive well into 2024 and maybe even into 2025. Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers discuss the Fed's economic outlook and the possibility of a soft landing. [NFM - 22911AO]

The Fed sticks with their higher-for-longer outlook

With inflation still running hot and consumers still strong, the FOMC held the fed funds rate steady at their March meeting. They also released their new macro and interest rate forecasts. Nationwide’s Chief Economist Kathy Bostjancic and Nationwide’s head of fixed income Brad Beman analyze the FOMC’s announcement and provide their outlook for the economy and financial markets. [NFM-22911AO]

Fed funds rate cuts are still on course for this year

Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers discuss the state of the consumer and how strong spending could impact our recession outlook. What factors are strengthening the consumer? Are consumers overextending themselves? What is our outlook for consumer spending for the rest of 2024? [NFM - 22911AO]

Can anything slow down the consumer?

The latest edition of the quarterly NMI will launch April 10. Its author, Oren Klachkin, provides a sneak preview of the report and highlights key pages. 

To receive the quarterly NMI as soon as it launches, subscribe here: https://app.smartsheet.com/b/form/6038d7fb3c104d7fb6cdc4d2bebb10eb

Preview of the NMI Quarterly Report - Q2 2024

What’s driving the higher-than-expected inflation readings? Nationwide’s Chief Economist Kathy Bostjancic and Financial Market Economist Oren Klachkin provide their analysis of March's CPI data and their outlook on Fed policy. [NFM-22911AO]

Hot inflation could delay rate cuts

Nationwide’s Chief Economist Kathy Bostjancic and Portfolio Manager and Head of Emerging Markets Rebecca Wilder share their global economic outlook amid geopolitical tensions and a record level of elections around the world this year. [NFM-22911M9]

Global economic outlook amid heightened uncertainty

The U.S. economy lost a little momentum in the first quarter, but the underlying trends remain solid. Spending by consumers remains the most buoyant part of the growth story, fed by strong job gains and rising incomes. Nationwide's Senior Economist Ben Ayers and Economist Daniel Vielhaber discuss the Q1 GDP data and share their outlook for rest of 2024. [NFM-22911AO]

Consumers fuel growth in the first quarter

Nationwide’s Chief Economist Kathy Bostjancic and Financial Market Economist Oren Klachkin discuss the Fed's decision to keep rates steady in May. Policymakers are still keen to lower interest rates, but the timing and extent of policy easing are somewhat unclear as economic activity remains buoyant and inflation isn’t falling as fast as they hoped. When do we expect to see lower rates and how much easing could occur? [NFM-22911AO]

The Fed's pause just got a little longer

The 2024 hurricane forecast calls for 23 named storms – including 11 hurricanes. Nationwide’s Chief Economist Kathy Bostjancic and Nationwide’s President of Standard Commercial and Excess & Surplus Lines Russ Johnston discuss the economic impact of storms and how business owners can prepare for hurricanes. What is the economic impact from weather and climate disasters? What can business owners do to protect property and reduce business loss? [NFM-22911AO]

Weathering the storm: Safeguarding businesses from hurricanes

Consumer prices posted another solid increase in April as inflation remains stubborn. The cost of services remains the biggest concern, with rental inflation still not cooling as quickly as projected. How big of a factor will rents be over the coming year? Senior Economist Ben Ayers and Financial Market Economist Oren Klachkin discuss the latest inflation outlook. [NFM-22911AO]

When could rental inflation finally roll over?

How could rising inflation and credit card debt impact the travel industry this summer? And how much impact does travel have on the overall economy? Senior Economist Ben Ayers and Economist Daniel Vielhaber provide their outlook on the summer travel season. [NFM-22911AO]

The Fed sticks with their higher-for-longer outlook

Nationwide Economics

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