Fed Holds Line on Benchmark Rates

The Federal Open Market Committee, anticipating no dramatic changes to the U.S. economy in the near future, concluded its two-day policy meeting last week with no action on key interest rates.

MBA Chart of the Week: CMBS Annual Issuance Volume

After a slow start in 2019, the commercial mortgage-backed securities market ended strong, with $39.1 billion of private-label CMBS issuance during the fourth quarter – more than double the $18.8 …

Grocery Delivery Goes Small With Micro-Fulfillment Centers

Wall Street Journal, Jan. 27, 2020–Jennifer Smith Companies trying to get closer to customers and keep costs down turn to smaller sites heavy with automation. wsj.com/articles/grocery-delivery-goes-small-with-micro-fulfillment-centers-11580121002?