Podcast: US economy’s solid ground despite Q1 GDP slowdown
Discover valuable perspectives on Q1 GDP data insights from Nationwide's Senior Economist Ben Ayers and Economist Daniel Vielhaber.
Consumer inflation has been hotter than the Federal Reserve has hoped for – amid resilient spending by consumers and hiring by businesses. Much of the focus has been on the rising costs for services, but higher rents have played a large role, too. What’s driving these trends and what does this mean for potential Fed rate cuts this year? Nationwide’s Senior Economist Ben Ayers and Financial Market Economist Oren Klachkin discuss inflation trends and provide their analysis of February’s hotter-than-expected CPI report.
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