Inside the Economy: Banking & Inflation

SHJ Wealth Advisors

This week on “Inside the Economy”, we discuss banking and inflation. Money market funds have seen large inflows over the past 2 months following the issues in the banking industry, but with the Fed’s balance sheet growing as well, what does this mean for the economy going forward? Inflation continues to soften with lower rents and supply chain procedures getting back to pre-pandemic levels. Tune in to learn about this and more! Key Takeaways: • Q4 2022 GDP estimate 2.6% • Oil prices bump over $80 • Unemployment remains at 3.6%