Inside the Economy: Summer Doldrums

SHJ Wealth Advisors

This week on “Inside the Economy”, we look at an array of economic data, most of it showing signs of a decently healthy economy. The Fed continues to fight inflation with a 0.25% increase next month still on the table. The debt ceiling debate seems to have a resolution as a deal is being finalized. Where will inflation and the Fed’s policy take us into the summer months and end of the year? Tune in to learn about this and more! Key Takeaways: • Bond yields on the rise • Oil around $74 per barrel • Mortgage rates around 6.5%