The Federal Reserve’s mixed messaging, a music icon’s embrace of commercial real estate and a new record level of homelessness. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 11-15. Hit: Keeping a Finger on the Pause...
The central banks for the U.K. and European Union mirrored the example of their American counterparts and kept their respective interest rates unchanged. The Bank of England maintained its 5.25% rate, which is a 15-year high. Andrew Bailey, governor of the Bank of...
The Federal Reserve has opted to ring out 2023 by keeping rates unchanged. The central bank’s policy making Federal Open Market Committee voted unanimously to hold the federal funds rate in the range of 5.25% to 5.5%. In offering its decision, the Fed presented a...
A governor who wants to build a lot of starter homes, an unlikely choice for Person of the Year and Jamie Dimon’s cantankerous slam of cryptocurrency. From the wild and wooly world of real estate, here are the hits and misses for the week of Dec. 4-8. Hit: A Governor...
A Phil Hall Op-Ed: Federal Reserve Chairman Jerome Powell has been called many things – including some names that are not appropriate to repeat in polite company – but this Wednesday he might be called something quite unexpected: Person of the Year. Time Magazine...
Hurricane Isaias Strikes Florida Panhandle as $71.8 Billion in Commercial P…
