Jul 31, 2024
Summary On Wednesday, July 31, 2024, the Federal Open Market Committee (FOMC) voted unanimously to hold the federal funds rate at a target range of 5.25–5.50%. This marks over a year and eight consecutive meetings since the Committee last adjusted the target range,...
Jul 1, 2024
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...
Nov 28, 2023
Q3 2023 Investment sales volume continues to face pressure. Numbers are down more than 50% compared to last year’s Q3, and activity fell from Q2. Heading into Q4, uncertainty is the theme. During the third quarter, the U.S. Government’s unsettled funding caused...