Inflation's BIGGEST Problem Just Got EXPOSED

Wholesale inflation surged 1.1% last month, far above expectations. PPI measures the costs businesses pay before those costs reach consumers. While the details were mixed, the headline report is another reminder that inflation remains a major risk for interest rates and mortgage rates. Today's wholesale inflation can become tomorrow's consumer inflation. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate #Inflation #PPI #MortgageRates #Economy #HousingMarket #FederalReserve