Oil prices tumbled into the $50s last week as a ceasefire between Israel and Hamas took hold — pushing inflation expectations lower and bringing rate relief into focus. Bill Bodnar explains why lower oil means disinflation, and why that’s good news for mortgage rates. Meanwhile, the Fed remains divided: 10 officials favor two rate cuts this year, while 9 expect just one. So what’s next for rates?
Plus, with a government shutdown delaying key data releases, Bill highlights what private reports and technical indicators originators should be watching this week. As always, the trend is our friend — if we know where to look.
Israel-Hamas Ceasefire Sparks Rate Relief?
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