Housing Market, Jobs Report, Debt | Economic Update

Housing Market, Jobs Report, Debt | Economic Update

FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing of...
WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update

WeWork Bankruptcy, CRE Prices, Apt Declines | Economic Update

WEWORK BANKRUPTCY, CRE IMPACT On November 6th, co-working trailblazer WeWork filed for Chapter 11 bankruptcy, bringing additional unease to an office sector battered from the residual effects of the remote-work revolution. Over the previous decade, including before...