Interest Rate Cut Reinforced By Wednesday's Inflation Data
Consumer Price Index makes smallest annual increase in three years
Consumer Price Index makes smallest annual increase in three years
Core inflation — less food and energy — remains slightly higher than the all items index
Hot May jobs report signals further delays in rate cuts, according to the MCT June Indices report
After sixth consecutive month with no change, the likelihood of cuts in 2024 feels "more out of reach."
Higher home prices, higher rates mean bigger affordability hurdles for consumers.