This week on “Inside the Economy”, we discuss the expected Fed rate hikes and spending within the economy. There is a lot of discussion on the potential for the Fed to begin raising rates starting in March 2022, but how much will they hike and what does that mean for the economy and the stock market? We are continuing to see all-time highs in retail sales. At what point does the supply finally catch up to the demand? Tune in to learn about all this and more!
- Mortgage rates cross over 4%
- Core inflation comes in at 6% (YOY)
- 10 Year Treasury rises above 2%
- U.S. petroleum consumption continues to decline