09:37 AM

Nationwide Chief Economist Kathy Bostjancic delivers key economic updates

Mid-way through 2023, is the U.S. economy in for a soft landing or hard landing?

Nationwide Chief Economist Kathy Bostjancic recently offered her analysis to CNBC and Bloomberg TV, noting that key economic indicators point to a U.S. economy that is incredibly resilient and growing, despite the U.S. Federal Reserve’s ongoing efforts to slow the economy to bring down inflation.

Increasingly, Bostjancic told the news outlets, a no landing scenario is emerging as strong retail sales and jobs data could convince the Federal Reserve Open Market Committee to stay aggressive in its inflation fight.

Watch Bostjancic’s Bloomberg discussion by clicking the picture below. Her analysis begins at the 9:12 mark.

Click image to view broadcast segment.

To stay up-to-date on Bostjancic’s latest commentary, visit the Nationwide Economic & Market Commentary page.  



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.

Nationwide and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2023 Nationwide