Mortgage Rates Surge and ECB’s Anticipated Rate Cut

In today's episode, we delve into the financial landscape as U.S. mortgage rates climb above 7%, impacting the housing market and potential homebuyers. We also explore the European Central Bank's expected rate cut and its implications for the eurozone economy. Additionally, we discuss the latest U.S. inflation data, which shows signs of easing, and the potential risks that could influence future economic conditions. Join us for these stories and more on Simply News Radio. Sources: https://fortune.com/article/current-mortgage-rates-05-28-2025/ https://themortgagereports.com/mortgage-rates-now/mortgage-rates-today-may-28-2025 https://finance-commerce.com/2025/05/u-s-30-year-mortgage-rates-hit-highest-level-since-february/ https://www.cnet.com/personal-finance/mortgages/mortgage-forecast-economic-uncertainty-could-keep-rates-close-to-7-this-summer/ https://www.bankrate.com/mortgages/analysis/ https://www.whitehouse.gov/articles/2025/05/wow-inflation-eases-incomes-rise-trade-deficit-plummets/ https://www.fxstreet.com/news/us-core-pce-inflation-likely-steady-in-april-as-markets-price-federal-reserve-rate-cut-for-september-202505300600 https://www.morningstar.com/economy/forecasts-april-pce-report-show-another-good-month-inflation https://www.morganstanley.com/insights/articles/economic-outlook-midyear-2025 https://www.morningstar.com/economy/forecasts-april-pce-report-show-another-good-month-inflation https://www2.deloitte.com/us/en/insights/economy/spotlight/us-tariffs-impact-consumer-spending.html https://altuswealthmgt.com/resources/financial-planning/may-2025-market-check-in-what-tariffs-inflation-and-slowing-growth-mean-for-your-portfolio/ https://www.kiplinger.com/taxes/whats-happening-with-trump-tariffs https://www.ig.com/en/news-and-trade-ideas/weekly-market-navigator--2-jun-2025-250602 https://www.markets.com/news/week-ahead-ecb-interest-rate-decision-and-u-s-nfp-in-spotlight/ https://www.morningstar.co.uk/uk/news/265571/will-the-ecb-cut-interest-rates-again-on-june-5.aspx https://www.ainvest.com/news/ecb-cut-rates-25bp-eurozone-faces-trade-war-challenges-2506/ https:/