Daily Digest

Debt & Equity Finance

Fed Lifts Interest Rates by Most in Three Decades

June 20, 2022

Economic Market Pulse | June 18, 2022

The Fed’s larger 75 bps rate hike came as little surprise to the markets following the worse-than-expected May CPI data. The decision to raise interest rates by 75bp to 1.50-1.75%, rather than the 50bp widely telegraphed by officials before the May inflation data, was almost unanimous.

Alongside the bigger hike, the language in the policy statement was beefed up too, with a firmer pledge that the FOMC “is strongly committed to returning inflation to its 2% objective” while the working arguing that the labor market would remain strong, even as the policy was tightened, was dropped.

Officials now see the fed funds rate reaching 3.25-3.50% by the end of this year and peak at between 3.50-4.00% next year, which would imply another 75bp hike in July, followed by a 50bp move in September and then 25bp hikes in November and December and two more 25bp hikes in early 2024.

Capital Economics accompanying economic projections show inflation remaining higher over the next few years while economic growth is now seen at a below-trend 1.7% this year and next, with the unemployment rate rising back above 4% by 2024.

While still at historical lows, interest rates have risen quicker than any time in recent history.

Vertical Farming Sparks New Hope for Downtown Offices

Across the street from Chicago's City Hall, the...

What’s Going On with Investment Sales?

Collier's Quick Hits | Aaron Jodka The...

February Investment Sales Update

February volume totaling $25.1 billion was up...

Hospitality Opportunities are Widespread

Colliers Quick Hits | Capital Markets Colliers...

December Numbers To Watch

Colliers Quick Hits | Aaron Jodka, Director of...

Overseas Real Estate is on Sale

Colliers Quick Hits | November 10, 2022 The U.S....

Houston Industrial Market Maintains Momentum

Report by Lisa Bridges and Patrick Duffy The...

October Numbers To Watch

Colliers Quick Hits | October, 2022 | Data from...
colliers debt equity

Fed predicts big slowdown in economy as it battles inflation

Economic Market Pulse - Volume 117 The Federal...

Single-Tenant and Net Lease Sales Face Headwinds

First Half Review 2022 The single-tenant and net...

Multifamily Deliveries Are Coming

Colliers Quick Hits | September 8th, 2022 With...