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Fed’s Favorite Inflation Gauge Just Spiked #shorts #Inflation #PCE

June's inflation report came in hotter than expected, with Core PCE rising 2.6 percent year over year. This is the Fed’s preferred inflation measure, and it shows they were right not to cut rates at this week’s meeting. Want to know what this means for mortgage rates and your home buying plans? Watch this.

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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate