Inside the Economy: Pesky Inflation

This week on “Inside the Economy”, we discuss important economic data. Inflation is trending lower, however it’s uncertain what it will take to achieve the Fed’s 2% target.  The housing market continues to soften, and corporate earnings are projected to be lower for 2023. State governments seem to have plenty of funding. Tune in to find out more!

Key Takeaways:

• 2-year treasury yield climbs higher above 4.5%
• 30-year mortgages move to 6.32%
• Oil drops to around $76 per barrel