Fed Cool On Rate Cuts Despite Encouraging May Inflation Report

Policymakers now envision making just one rate cut this year, but investors who fund most mortgages are still betting the central bank will change its tune if inflation continues to ease.

Related Keywords

United States ,American ,Eric Orenstein ,Ian Shepherdson ,Las Vegas ,Mike Fratantoni ,Selma Hepp ,Jerome Powell ,Market Committee ,Corelogic ,Federal Reserve ,Fannie Mae ,Mortgage Bankers Association ,Bureau Of Labor Statistics ,Yahoo ,Federal Open Market Committee ,Economic Projections ,Federal Reserve Chairman Jerome Powell ,Consumer Price Index ,Labor Statistics ,Personal Consumption Expenditures ,Producer Price Index ,Logic Chief Economist Selma Hepp ,Macroeconomics Chief Economist Ian Shepherdson ,Ratings Senior Director Eric Orenstein ,