Tomorrows Inflation Report Could Move Your Mortgage Rate [LQDuAW3oF0a]
The PCE inflation report drops Thursday at 8:30 AM — and it's the Fed's preferred measure of inflation. Last month PCE was 3.5%, core was 3.2%. Still too high for rate cuts. With Kevin Warsh now leading the Fed, markets are watching closely. If inflation runs hot, borrowing costs stay elevated. If it cools, rates might finally ease. Do you think the Fed will cut, hike, or hold? Comment below.