Inside the Economy: Much Ado About Nothing

SHJ Wealth Advisors

This week on “Inside the Economy”, we look at income, housing and other economic data. ISM manufacturing data ticked up a bit, while GDP estimates for Q1 came in lower. The Federal Reserve is expected to raise rates 0.25% this month as inflation numbers continue to stay above 5%. What will it take to fight inflation and avoid a recession? Tune in to learn about this and more! Key Takeaways: • 3-month T-Bill above 5% • Oil drops to below $75 per barrel • Mortgage rates still above 6.25%