Daily Digest

Debt & Equity Finance

Federal Reserve raises interest rates despite banking sector instability

March 28, 2023

On Wednesday, the Federal Reserve increased interest rates by 0.25%, continuing its efforts to combat high inflation despite concerns that these rate hikes may be contributing to instability in the banking system. This decision brings the Fed’s base policy rate to 4.75%-5%, the highest it has been since September 2007, and marks the ninth consecutive rate increase over the past year. All 11 members of the rate-setting Federal Open Market Committee supported the decision.

Source: GlobalData, Federal Reserve

Durable goods investment weakening even before banking woes

The February report on durable goods orders revealed a 1% month-over-month decline, indicating a continued weakening of business equipment investment even before the banking turmoil. Moreover, the recent drop in business confidence and tightening lending standards by banks could further contribute to this decline. 

U.S. economy speeds up in March, S&P finds, but so does inflation

According to surveys conducted by S&P Global, the US economy picked up pace in March, with the services sector index rising to an 11-month high of 53.8 from the previous month’s 50.5. 

This is a positive sign as most Americans are employed in the services sector. However, inflation also increased as companies hiked their selling prices. 

Capital Markets U.S. Snapshot

Q3 2023 Investment sales volume continues to...

Strategies for Office Landlords

Colliers Quick Hits Colliers Capital Markets...

What is Consensus? Economists Weigh In

Colliers Quick Hits | Aaron Jodka Economic data...

Lenders are Tightening Credit

Colliers Quick Hits Sales volumes are down 72%,...

6 Economic Drivers to Watch in May

Economic Market Pulse - May 3rd 2023 - Steig...

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...