The Producer Price Index in March rose 0.2% from the previous month, a lower rate of growth than economists had forecastMortgage rates are on the rise. The average 30-year fixed mortgage rate rose to 6.88%, up from 6.82% last week. Mortgage News Daily is recording an even higher rate, 7.37%, which is up from 7.11% earlier this week. On Wall Street, one stock on the move is CarMax .
‘Who in the hell needs a Rolex watch?’: Why Charlie Munger warned Americans against ‘pretentious expenditures’June rate cut 'within the realm of possibilities,' says Macklem, as Bank of Canada holds rate at 5%
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