European Central Bank Meeting Blindsides Investors with Surprising New Decision
As investors eagerly awaited the European Central Bank meeting, the latest decision on inflation came as a blindside. Additionally, headlines about the conflict in Ukraine continued to cause volatility in mortgage markets this week. However, the headlines created a roughly neutral impact. Instead, the analysts primarily focused on growing concern regarding rising inflation. Thus, mortgage rates ended the week higher.
European Central Bank Blindsides Investors
Faced with skyrocketing prices and the conflict in Ukraine, the European Central Bank meet...