U.S. June Housing Starts, Permits Plunge to Nine-Month Low

The transcript discusses weaker than expected economic numbers, particularly in relation to mortgage rates and their potential impact on demand. It emphasizes the importance of not overreacting to single data points and suggests analyzing broader economic trends. The discussion includes current economic performance indicators such as growth rates, employment, and inflation, highlighting the Fed's gradual rate rise policy.

In what context should one interpret economic numbers according to the speaker?

What does the speaker suggest about the future of interest rates?