Mid-year Update: A rough start to 2022 – Where could things go from here? (20 min)
Nationwide’s Chief Economist David Berson, Deputy Chief Economist Bryan Jordan, and Senior Economist Ben Ayers provide their mid-year perspectives the economy and financial markets.
- Economic growth in 2022 has been weaker than expected
- Most of the impacts are from lingering supply shocks and inflation, as well as the negative impacts of the Russian invasion of Ukraine and a significant slowdown in the world economy.
- Could a recession be on the horizon?
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