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%