Economic Commentary

Podcast: 2024 Outlook – Could a mild recession take the steam out of inflation?

January 04, 2024
A podcast microphone.

Key Takeaways:

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 the likelihood that the Fed could lower interest rates this year? Nationwide’s Chief Economist Kathy Bostjancic, Senior Economist Ben Ayers, and Financial Market Economist Oren Klachkin provide their 2024 outlook for the economy and financial markets.

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  • The information provided by Nationwide Economics 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.

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