Overall inflation rose just 3 percent on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday.
Source: Inman News
‘It’s finally happening.’ Cooler inflation opens the door to rate cut
Published in Brokerage, cpi, inflation, Jay Parsons, Jerome Powell, matthew gardner, mortgage rates, rent inflation, rent of shelter and Select
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