Inside the Economy: Inflation and the Fed

SHJ Wealth Advisors

This week on “Inside the Economy”, we address new economic data. CPI jumped month over month, largely due to the increase in oil prices. How will this impact the Fed’s decisions for the rest of 2023? Overall, the economy is moving along, due to a strong consumer. Will the restart of student loan payments change this? Tune in to learn about this and more! Key Takeaways: • Bond yields continue to tick up. • Oil prices climb above $90 a barrel. • Mortgage rates elevated above 7%.