Markets stabilize as seasonal headwinds shift to tailwinds
Equity markets have stabilized following a difficult two-month stretch that saw the S&P 500® Index fall by nearly 7%
Podcast: What’s on tap for inflation in the second half of 2023?
July 17, 2023
By Kathy Bostjancic
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Key Takeaways:
The consumer price index cooled further in June as food and energy prices have eased in recent months. But strong housing and services inflation continues to drive a hot pace of core inflation – a key focus area for the Fed.
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- Are there any signs that core inflation will decline over the second half of 2023?
- What is our updated outlook for the Fed based upon expected inflation trends?
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Sources/Disclosure
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The information provided by Nationwide Economics 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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