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Thursday: Unemployment Claims, PPI


Note: Mortgage rates are from and are for top tier scenarios.

The better-than-expected inflation data today pushed down mortgage rates.

• At 8:30 AM ET, the initial weekly unemployment claims report will be released.  The consensus is for 245 thousand initial claims, down from 248 thousand last week.

• At 8:30 AM, The Producer Price Index for June from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.2% increase in core PPI.

Fed’s Beige Book: “Overall economic activity increased slightly”

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