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Inflation Eases, Geopolitical Risks Rise

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Another wild week in the markets. Inflation continues to head in the right direction, with recent Core PCE data pointing to a potential steady run rate. But just as the data offers some relief, new tensions emerge: What impact will Israel’s attack on Iran have on global markets and mortgage rates? This week, the spotlight shifts to the Fed—how will it respond under growing pressure?

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Published
Jun 16, 2025