PennyMac Financial Servs (NYSE:PFSI) reported quarterly earnings of $2.28 per share. This is a 22.45 percent decrease over earnings of $2.94 per share from the same period last year.
Krugman Says ‘Inflation Really Looks Like Yesterday’s Problem’ As He Points To A Metric That Is Harbinger Of Fed Rate Cuts
Economist Paul Krugman sees the Fed's preferred inflation gauge dropping below the 2% target on a six-month basis.