Weekly Market Update

Core PCE Prices held steady last week, a promising sign that inflation pressures may be cooling without derailing economic momentum. While it didn’t grab major headlines, this stability gives the Federal Reserve valuable room to assess the economy's direction before making any changes to interest rates—an encouraging development for both markets and consumers.

Although GDP came in slightly negative and Consumer Confidence softened, these reflect temporary impacts from proactive business activity. Many companies and consumers accelerated purchases in Q1 to get ahead of proposed tariffs, showing adaptability and forward-thinking behavior that may balance out in the coming months.

The job market remains a bright spot, with employment levels holding strong. While there’s been a modest uptick in continuing jobless claims, this simply points to a slightly more patient job search environment—not a downturn.

Looking ahead, the Federal Reserve meeting this week will be closely watched. No immediate rate change is expected, but the tone of their statement could offer valuable insight into how they’ll balance growth and inflation moving forward.

If you, or anyone you know, is interested in obtaining mortgage financing, reach out to my team today at 541-815-6596. We’re here to help you take advantage of the opportunities in today’s evolving market.