Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications. Another week, another set of critical data points.

These are today's mortgage and refinance rates. Mortgage rates often drop when inflation eases. But we still haven't seen the full effects of tariffs.

Inflation slows to its lowest in three years, offering relief to consumers with signs of price stabilization across sectors like food and energy.

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.

Financial markets also repriced after the U.S.-China agreement, slashing bets that the Fed would need to start cutting rates by July to cushion an economic downturn. Traders now see just two interest-rate cuts by year's end, beginning in September.

Student loan interest rates for 2025 remain painfully high, adding pressure for borrowers already facing rising college costs and stalled forgiveness programs.

The median of 15 estimates puts CPI inflation at 3.8 percent for FY26. If the RBI cuts rates by 50 basis points, the repo rate would fall to 5.5 percent from the current 6 percent.