08/05/2025
๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐ ๐ผ๐ป๐๐ต๐น๐ | For the fifth consecutive meeting, the Fed held rates steady at 4.25%โ4.50%. While two members pushed for a rate cut, the majority voted to pause.
Meanwhile, signs of economic strength, low unemployment, 3% GDP growth, and easing inflation are supporting a more optimistic lending environment.
๐ CRE activity in NYC is picking up, with refinancings, development deals, and multifamily sales on the rise. Read more:
Fed Leaves Rates Unchanged As It Weighs Economic Data For the fifth consecutive meeting this year, the Federal Open Market Committee (FOMC) voted to leave the federal funds rate unchanged, maintaining its target range at 4.25% to 4.50%. Two committee members dissented at the July meeting, preferring...