Monthly Archives: March 2022

Long-Awaited Cut Has Positive Implications for Commercial Real Estate and Consumers The Federal Open Market Committee (FOMC) slashed the the federal funds rate by 50 basis points during its September meeting, setting the lower bound at 4.75 percent. The first cut since March 2020, this decision reflects the Fed's confidence [...]

Mild Unemployment Dip Eases Recession Fears While Job Growth Remains Tepid National unemployment fell by 10 basis points month-over-month to 4.2 percent in August, alleviating some recession concerns following a notable jump in July. Driving the August decline was a moderation in the number of people on temporary layoff. The [...]

Eases in Pricing and Hiring Pressures Pave Way for First Steps Toward Lower Rates Headline CPI increased 2.5 percent year over year in August — its smallest annual gain since February 2021. This slowdown is in part fueled by a 4.0 percent drop in energy prices. Removing that category along [...]

Pricing pressures fell to over three-year low. The creation of 206,000 jobs in June brings total net hiring for the second quarter to 532,000, the lowest three-month total for employment growth since January of 2021. Much of the recent hiring slowdown has come from industries tied to the business cycle, [...]