Economic News this Week: It was a quiet week this week in economic news with no surprises

It was a quiet week this week in economic news. The sale of the bonds was as expected. No surprises.
Wednesday the Q2 Productivity went up stronger than expected, at 0.9%, and the unit labor costs were up 0.6%.

The July PPI was DOWN 0.1%, which was slightly mortgage friendly.

The CPI for July was announced on Friday, and was up just 0.1%, which was slightly mortgage friendly.

So a little tick one way and a little tick that way, we end the week with rates flat week over week.

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