The Federal Reserve’s go-to inflation tracker—core PCE—topped estimates by one tick as U.S. price increases accelerated.
Spending and income both underwhelmed, hinting that the average American wallet is starting to feel like it’s on a student budget.
All in all, today's BEA report served up a platter of economic confusion and stagflation-esque vibes, giving rays of hope to both hawks and doves.
Here's a full breakdown and what it spells for Canadian mortgage rates...
You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.
