This week’s most important economic data was the PCE price index which is the gold standard of big picture inflation measurement. For those hoping to see rates drop, it was important for PCE to confirm the progress seen in the CPI data (the other major inflation index that came out 2 weeks ago).
Source: Kevin Litwicki MBSLIVE
Inflation Data Continues Paving The Way For (Eventual) Rate Cuts
Very Calm Week For Rates, Despite Hitting New 6 Month Low
While much of this week’s news cycle was focused on politics, it was business as usual for the bond market and interest rates.
Source: Kevin Litwicki MBSLIVE
Very Calm Week For Rates, Despite Hitting New 6 Month Low
Sharply Lower Inflation Brings Fed Rate Cuts Into Focus
There was a lot riding on this week’s economic data and it delivered in a big way.
Source: Kevin Litwicki MBSLIVE
Sharply Lower Inflation Brings Fed Rate Cuts Into Focus
Economic Data Building a Case For Rate Cuts
It may have been a shorter week than normal due to the holiday, but it was no less important as several economic reports added to the case for rate cuts.
Source: Kevin Litwicki MBSLIVE
Economic Data Building a Case For Rate Cuts