Gus Faucher, Chief Economist of The PNC Financial Services Group

We're dissecting the economy from all angles. “Consumers,” Faucher tells us, “bought a lot of goods coming out of the pandemic, in part because we couldn’t do services. As higher interest rates weigh on economic growth we’ll see consumers shift from buying more on the services side and less on the goods side and that should help ease the inflationary pressure we’re seeing on good prices.”  For his full economic forecast, listen now.