On November 7, 2024, the Federal Reserve’s Federal Open Market Committee (FOMC) made a strategic move by reducing the benchmark federal funds rate by another 25 basis points. This latest rate cut has significant implications for various aspects of the…
Despite growing speculation following the Federal Reserve’s July 31 meeting, where they decided to keep the benchmark rate steady, they are not yielding to the pressure. The Federal Open Market Committee (FOMC) of the Federal Reserve kept the federal funds…
Interest rate reductions have become a recurring topic in the news amidst various economic factors, including the upcoming election year, inflation concerns, and rising employment figures. However, the prospect of rate cuts in 2024 is not straightforward, given the challenges…
A number of fluctuating factors are contributing to an improving outlook for commercial real estate this spring. Here's a quick look at the macro and micro pictures. Inflation dynamics Inflation remains a central concern for market participants, with recent…
As the U.S. Federal Reserve adjusts monetary policy in response to evolving economic dynamics - including today's decision to hold interest rates steady - the commercial real estate sector is poised to adapt and thrive amidst uncertainty. While interest rate…
The Federal Reserve announced an interest rate hike by another 25 basis points increasing interest rates from 5.0 to a range between 5.25 and 5.50%, the highest point since 2001. Chairman Powell says the Fed is concerned about global food security…
In early June, Jones Lang LaSalle’s CEO Christian Ulbrich reported the Return to Work “Worst is Behind Us.” Headquartered in Chicago, Ulbrich went on to say he is seeing 65% of its employees return to the office full-time. According to…
After a 15-month interest rate hike increases, in mid-June, the Federal Reserve hit pause on increasing the interest rate, for now. By mid-month, Chairman Powell cautioned, “don’t expect the most recent rate hike pause to continue." However, he went on…
As everyone expected, the Federal Reserve raised interest rates another 25 Basis Points again the first week of May, raising them from 5% to 5.25%. “The latest interest rate hike by the Fed is unnecessary and harmful,” wrote National Association…