The new year begins with the historically high inflation rates, resulting from lingering Covid-related supply chain disruptions and expansionary fiscal and monetary policy. The unemployment rate continues to improve, drawing closer to pre-pandemic levels, with many companies unable to fill job openings. And the Fed has hinted at a more hawkish approach this year, with expectations for tightening monetary policy. Nationwide's Chief Economist David Berson and Senior Economist Ben Ayers share their 2022 outlook for the economy, Fed policy and how the financial markets could be impacted. [NFM-20130AO.17]