Fed rate hikes: Cause for pause?
Fed watchers see potential for a pause in rate increases, but recent reports show the economy still runs hot.
November’s jobs report showed surprisingly strong hiring and faster growth in average hourly earnings — suggesting little easing of labor market conditions. Nationwide’s economists Bryan Jordan and Ben Ayers discuss the recent jobs report and what it tells us about the direction of our economy.
• What does the strong jobs report tell us about the overall economy?
• How could this affect the Fed’s decision to continue with their aggressive rate hikes?
Looking for more podcasts from Nationwide Economics? Find us however you listen below.
Subscribe: Apple Podcasts | Soundcloud | iHeart | Spotify | Amazon | Google Podcasts
The information in this report is provided by Nationwide Economics and 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.
Nationwide, the Nationwide N and Eagle and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2023 Nationwide.