Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Thursday:
• At 8:30 AM: The Consumer Price Index for June from the BLS. The consensus is for a 0.1% increase in CPI, and a 0.2% increase in core CPI. The consensus is for CPI to be up 3.1% year-over-year and core CPI to be up 3.4% YoY.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 242 thousand initial claims, up from 238 thousand last week.