Published June 30, 2025
Weekly Update Courtesy of Envoy Mortgage
Market SpotlightWeek of June 30th, 2025 | #167 |
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What You Need to Know |
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Rate Update |
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Key Takeaway: Inflation ticked up slightly, but rates still dipped. Now all eyes are on jobs. Last week, the Fed’s preferred inflation gauge—Personal Consumption Expenditures (PCE)—came in just a touch hotter than expected. But the market took it in stride, and rates actually fell slightly by week’s end, thanks to easing global tensions. This week is a bit quieter with the holiday, but Friday’s jobs report could shake things up. The Fed has been clear: they need to see some softening in employment before they’ll feel confident cutting rates.
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