What Condition Our Economic Condition Is In

Something More with Chris Boyd · Jul 27, 2023 · 1m

Brian joins Chris and Jeff to talk about the current condition of the economy. The Federal Reserve made a decision to raise rates by a quarter point last week. Some question if it was necessary and that prior rate hikes need time to filter through the economy. The CPI (Consumer Price Index) rate is at 3%. Core CPI is a little higher but coming down significantly – when housing is factored we could be looking at a CPI rate of under 2% if there are no big surprises. Recession is less of a risk now then had been – the question now is when and how will it come? We have been in a low growth…