02/18/2025 — January's CPI data continued the upward trend for inflation. What's driving this trend and how could tariffs and other economic factors further impact inflation? Nationwide's Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers provide their perspectives and outlook, including how the Fed may respond to higher inflation. Listen to more insights in our podcast on our inflation outlook and how it could impact your client conversations. 

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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 Ayers headshot

Ben Ayers

Senior Economist

Ben Ayers is a Senior Economist with Nationwide Economics, supporting the company’s forecasting and macroeconomic analysis functions.

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Disclaimers

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.