What’s Up With The Paradoxical CPI Reaction?
By: Mortgage News Daily | Published: 2025-07-15 20:08:00 | Source: www.mortgagenewsdaily.com
What’s Up With The Paradoxical CPI Reaction?
Tue, Jul 15 2025, 4:08 PM
Heading into today’s data, we knew there was a possibility of two separate reactions–one for the top line CPI numbers and one for a deeper look at the internal components. Those internals show that tariffs are having an impact even though it was a smaller impact than many forecasters were expecting. Bonds didn’t seem to care at first. When a new glut of trades came online at the 9:30am NYSE open, that…
