The Federal Reserve has shifted its strategy for setting interest rates, allowing inflation to rise higher than previous targets. The change codifies what the Federal Reserve has been practicing for the past 18 months, and signals that interest rates will remain low, the Wall Street Journal reported. As the Federal Reserve allows inflation to rise above 2 percent, the target set in 2012, the move could bolster commercial real estate asset prices. Lower rates can
source https://therealdeal.com/2020/08/28/fed-signals-low-rates-are-here-to-stay/
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