Inside the Economy: The Fed and Interest Rates

SHJ Wealth Advisors

This week on “Inside the Economy”, we discuss an array of economic news. Consumer spending is still strong and retail sales continue to climb. Even as the Fed raises rates, the housing market has stayed strong, and unemployment remains low. What, if anything, will begin to slow or influence the Fed to lower rates? Tune in to learn more! Key Takeaways: • Bond yields continue to rise • Oil prices rise again • Mortgage rates approach 8%