Podcast: FOMC strikes a hawkish tone

December 15, 2022

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One of the challenges of planning for a more secure financial future comes in understanding the market and economic forces that affect investment performance and influence investment decisions. To help illustrate the full economic picture to our clients, financial professionals trust the experienced economists and dedicated analysts of the Nationwide Economics team for their timely perspective and relevant viewpoint that’s easy to understand and can be applied to specific financial planning situations.

Economists Kathy Bostjancic and Bryan Jordan discuss the Fed’s recent decision to raise rates by 50bps. (17 min)

In their final meeting of the year, the FOMC remains focused on controlling inflation and announced yet another rate increase. But this time, the rate increase was only half a point. This move raises the fed funds target ranger to 4.25 to 4.50. What does this tell us about the state of inflation and the economy? Are the rate increases starting to have the impact that the Fed was hoping for? Will we see rates continue to increase next year, and if so – how much higher? Nationwide’s Chief Economist Kathy Bostjancic, and Deputy Chief Economist Bryan Jordan discuss the Fed’s recent decision to raise rates further.