Brief
Fed Holds Interest Rates in Warsh’s Second Meeting as FOMC Chair
The second Federal Open Market Committee (FOMC) meeting under new Federal Reserve Chair Kevin Warsh signaled another reality check of higher-for-longer interest rates to the commercial real estate ind
Summary
The second Federal Open Market Committee (FOMC) meeting under new Federal Reserve Chair Kevin Warsh signaled another reality check of higher-for-longer interest rates to the commercial real estate industry.
In a 9-3 vote, the FOMC maintained its benchmark interest rate Wednesday at between 3.
5 percent and 3.75 percent for the fifth straight meeting, citing inflation […]
Source
- Commercial Observercommercialobserver.com
