With the release of the delayed PCE and CPI inflation data reports, the Federal Reserve has chosen to stick to its resolve and maintain the current interest rates. It remains to be seen whether this will result in maintaining them or even increasing rates, as reports have shown that inflation is remaining sticky for the average consumer. This has been exacerbated by the ongoing conflicts with Iran, which have pushed gasoline prices higher.
CORY THOMPSON
NMLS ID 225056 • Located in Texas
