Fed Holds Rates Steady Again

The Federal Reserve again held rates steady July 31, noting that there has been “some further progress toward the Committee’s 2% inflation objective” over the past few months.

MSCI: Commercial Property Prices Rise in June

Commercial property prices broke from their pattern of declines in June after a year and a half of losses, according to MSCI, Inc., New York.

CMF Quote of the Week: Aug. 1, 2024

“We are holding to our call for two rate cuts this year, with the first in September, as we expect that inflation will continue to moderate.”
— MBA SVP and Chief Economist Mike Fratantoni