Podcast: March FOMC meeting—Fed funds rate cuts still on course for this year
Gain insights on the March FOMC meeting and how this could impact potential rate cuts this year.
Cost pressures remained strong in September, offsetting optimism that inflation would begin to decelerate in response to supply chain healing and sharp Fed tightening. Retail sales were flat in September, extending the weaker trend in consumer activity seen in recent months as higher prices and rising interest rates force cuts by many households.
Key Takeaways:
View our informative commentary on the economy and financial markets – and find out what we’re watching for the week ahead:
Disclosure:
The information in this report is provided by Nationwide Economics and is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy. Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person.
The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness.
Nationwide, the Nationwide N and Eagle and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2023 Nationwide.
NFM-9898AO.7
NFM-9898AO.7