Inside the Economy: The Economy is Slowing Down

SHJ Wealth Advisors

This week on “Inside the Economy”, we discuss some key data pieces. From a year ago, inflation has trended lower, unemployment has stayed the same, and treasury yields continue to climb. The Fed is continuing to raise rates as they receive traditionally conflicting data. Is inflation under control and how high do they need to go with the cost of money? Tune in to learn about this and more! Key Takeaways: • Bond yields continue to rise. • Oil is around $80 per barrel. • Mortgage rates inched up to 6.9%.