Interest Rate Market Update

Lumber Futures

Interest rates are rising again this morning following April’s CPI report that showed inflation’s climb down from multi decade highs will be a long and slow journey. 50 basis point rate hikes now expected in June, July and possibly September     Expectations Prior CPI Monthly Change 0.3% 0.2% 1.2% CPI Annual Change 8.3% 8.1%…

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