Sharkey, Howes & Javer
Inside the Economy: Consumer Spending, Federal Reserve, and Household Income
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:11:30
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Sinopse
This week on “Inside the Economy”, we evaluate consumer spending, the upcoming Federal Reserve meeting, and household income and mortgages. Consumer spending has slowed compared to the post-COVID highs, and we’ve observed a recent deceleration in student loan repayments. Is this a sign of consumer concern? Regarding income, U.S. households have seen an increase as of 2023 numbers. How does this compare to other countries worldwide? Have unions been a contributor to the increase in income? On the other hand, mortgages are a full point lower than they were a year ago. Is this decline due to economic factors or just anticipation? Tune in to learn more! Key Takeaways: • U.S. Head CPI is 2.5 (YOY) • 30-year Mortgage at 6.20% • 10-year bond yield at 3.68%