The real estate industry loves low interest rates — but not too low. Despite sustained pressure from President Donald Trump, the Federal Reserve left interest rates unchanged Wednesday. While it’s an initial positive for the real estate industry, the central bank’s consideration to cut rates raises concerns about an economic slowdown. In the immediate, the stock market was bolstered by the Fed’s Wednesday announcement, said Spencer Levy, Americas head of research at CBRE, who added […]
source https://therealdeal.com/national/2019/06/24/as-fed-mulls-rate-cuts-real-estate-enjoys-the-good-times-but-fears-bad-times-ahead/#new_tab
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