Mortgage Rates Surge, ECB Cuts Rates, and U.S. Tariffs Double

In today's episode, we explore the impact of rising U.S. mortgage rates on the housing market, the European Central Bank's decision to cut its benchmark deposit rate to stimulate growth, and the U.S. doubling tariffs on steel and aluminum imports. Join us as we delve into these significant economic shifts and their potential global implications.

Sources:
https://www.investopedia.com/todays-lowest-mortgage-rates-by-state-june-9-2025-11750847
https://www.investopedia.com/30-year-mortgage-rates-shoot-up-june-9-2025-11750768
https://www.cnet.com/personal-finance/mortgages/rates-decline-for-prospective-buyers-mortgage-interest-rates-for-june-9-2025/
https://www.bankrate.com/mortgages/todays-rates/mortgage-rates-for-monday-june-9-2025/
https://www.nasdaq.com/articles/current-mortgage-rates-june-9-2025
https://www.ajg.com/news-and-insights/weekly-financial-markets-update-june-09-2025/
https://www.efginternational.com/us/insights/2025/data_dependency_does_not_mean_ecb_rates_have_bottomed.html
https://www.aa.com.tr/en/economy/european-central-bank-lowers-rates-by-25-basis-points-in-line-with-forecasts/3589857
https://tradingeconomics.com/euro-area/interest-rate
https://www.cfr.org/article/trumps-new-aluminum-and-steel-tariffs-explained-six-charts
https://www.anderinger.com/june-4-steel-and-aluminum-tariffs/
https://www.whitehouse.gov/fact-sheets/2025/06/fact-sheet-president-donald-j-trump-increases-section-232-tariffs-on-steel-and-aluminum/
https://www.whitehouse.gov/presidential-actions/2025/06/adjusting-imports-of-aluminum-and-steel-into-the-united-states/
https://www.internationaltradeinsights.com/2025/06/amendment-to-imports-of-aluminum-and-steel-increases-232-tariffs-to-50/
https://www.cfr.org/article/trumps-new-aluminum-and-steel-tariffs-explained-six-charts
https://www.whitehouse.gov/fact-sheets/2025/06/fact-sheet-president-donald-j-trump-increases-section-232-tariffs-on-steel-and-aluminum/
https://www.whitehouse.gov/presidential-actions/2025/06/adjusting-imports-of-aluminum-and-steel-into-the-united-states/
https://www.whitecase.com/insight-alert/commerce-department-opens-new-steel-and-aluminum-section-232-tariff-inclusions
https://www.internationaltradeinsights.com/2025/06/amendment-to-imports-of-aluminum-and-steel-increases-232-tariffs-to-50/