Inflation moved away from Fed’s 2 percent target for the second month in a row, with the cost of goods and services rising 2.7 percent from a year ago, up from 2.3 percent in April.
Source: Inman News
Mortgage rates are headed up again on June CPI inflation report
Published in AP, Associated Press, Budget Lab at Yale, bureau of labor statistics, CME FedWatch Tool, CME Group, consumer price index, cpi, federal funds rate, federal reserve, inflation, inman, Investing, Jerome Powell, Markets & Economy, Mortgage, mortgage rates, mortgage-backed securities, Optimal Blue, personal consumption expenditures, personal consumption expenditures price index, Sam Williamson, Samuel Tombs, san diego, Select, Tariffs and trump
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