Recent reports

4th Quarter 2025

Equities added to their gains and corporate credit spreads remain very tight as an encouraging second-quarter earnings season and economic resilience buoy investors’ spirits. Treasury yields have declined, especially in the short end of the curve, responding to expectations for a series of rate cuts by the Federal Reserve aimed at shoring up the weak labor market. Read further for more insights from the Nationwide Economics team

3rd Quarter 2025

Risk assets have rebounded sharply on improving sentiment around tariffs. However, tariffs have only started passing into producer and consumer prices, so we anticipate greater impacts on economic activity and corporate earnings in the second half of 2025. Read further for more insights from the Nationwide Economics team