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2023.06.14 / In the News

CRE Expects a Rate Hike Pause. Here’s What It Means.

Ahead of the Federal Reserve Open Markets Committee’s next meeting on June 14, many across commercial real estate anticipate a likely, if short-lived pause on interest rate increases. Following the committee’s meeting in May, Fed Chairman Jerome Powell hinted at a pause on rate increases, if data from sources such as the Consumer Price Index, the Employment Cost Index and metrics such as inflation and wage growth allow for one.