Sharkey, Howes & Javer

Inside the Economy: Inflation Outlook and Spending


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This week on “Inside the Economy”, we will address inflation and consumer spending. Core inflation year over year jumped in April. The Federal Reserve’s target is still 2%, where will it be at the end of the year? Spending is back to where it was, however, most consumers are still sitting on a lot of cash. Will this keep inflation at bay? Tune in to learn about all this and more!

Key Takeaways:

  • Oil is little changed despite the cybersecurity issue on east coast
  • 30 year mortgages continue to steady
  • Hourly wages pick up as service industry reopens
  • The U.S. dollar is still the world reserve currency, by a lot
  • ...more
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    Sharkey, Howes & JaverBy Sharkey, Howes and Javer

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