10/10/2025 – Nationwide's Chief Economist Kathy Bostjancic, Nationwide's VP of Government Relations Ben Brewster, and Financial Markets Economist Oren Klachkin discuss the government shutdown and its impact on economic growth, the labor market, and the FOMC's ability to assess inflation and employment ahead of their October meeting.

As a financial professional, understanding the impacts of this political stalemate can be helpful for guiding clients through potential volatility. By staying informed on the shutdown developments you can provide the steady guidance your clients need to navigate economic uncertainty.

Listen to the insights from our team here.

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Author

Kathy Bostjancic headshot

Kathy Bostjancic

Chief Economist

Kathy Bostjancic is Senior Vice President and Chief Economist for Nationwide Mutual.

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Ben Brewster headshot

Ben Brewster

Vice President, Government Relations

Ben Brewster serves as Vice President, Government Relations and leads Nationwide’s DC office. His primary responsibility is to lobby Congress and the Biden Administration on pertinent federal legislation and regulation impacting Nationwide.

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Disclosure statement

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.