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Economic Commentary

Podcast: The Fed delivers a dovish rate increase

April 13, 2023
By Kathy Bostjancic
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Key Takeaways:

The consumer price index showed further signs of cooling in March, led by declining prices in grocery stores and at the gas pump. But it was not all good news as services inflation remains high and could keep some cost increases elevated for consumers into 2024.

Nationwide Senior Economist Ben Ayers shares his analysis of the March CPI report. Ben also explains supercore inflation and its impact on Fed policy.

  • Hear the key takeaways from this month’s CPI report.
  • Learn more about supercore inflation and how it affects households.
  • Hear how this month’s CPI report could impact the Fed’s monetary policy tightening

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Disclosure

  • 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.

     

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