Fed interest rate cut bets adjust after PCE inflation report

Fed interest rate cut bets adjust after PCE inflation report

VOLUME 206: WEEK ENDING JUNE 29, 2024 The Federal Reserve’s preferred measure of inflation eased slightly in May, reaching its lowest level in over three years, potentially strengthening the case for an autumn rate cut.The Bureau of Economic Analysis’ PCE...
Capital Markets | 2024 Multifamily Outlook

Capital Markets | 2024 Multifamily Outlook

The U.S. multifamily market has faced pressure in recent quarters. Occupancies have slipped due to a rise in development, resulting in the highest levels of completion in decades. As a result, vacancies have shifted more rapidly in demographic hotspots in the...
Fed interest rate cut bets adjust after PCE inflation report

Stable inflation opens door for potential Fed rate in September

Volume 202: Week Ending June 1, 2024 The PCE index increased by 0.3% last month, while the core rate, which excludes food and energy and is the Federal Reserve’s preferred measure, rose by a modest 0.2%. This marks the smallest gain since December 2023.The...
Fed interest rate cut bets adjust after PCE inflation report

Output grows at fastest rate for over two years in May

Volume 201 According to provisional PMI survey data from S&P Global, the U.S. economy gained speed in May. The service sector led the upturn, reporting the largest output rise for a year, but manufacturing also showed stronger growth.The headline S&P Global...