Economic Commentary

Podcast: February CPI analysis—Inflation trends and Fed actions

March 14, 2024
Microphone in radio studio

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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