We have a housing valuation issue. The time is now for raising interest rates and defusing these problems potentially by slowing down the economy a bit and avoiding a big necessary increase later and a consequential recession.
Oil prices are higher and there's a constraint on the consumer because of that. You've also got rising interest rates and a slowing housing market.
It is unclear if things are slowing down or speeding up given all the volatility we've had in weather and oil prices.