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The Fed’s most recent interest rate decrease at the November meeting wasn’t a surprise. Industry experts anticipated the additional nudge, but it has left investors questioning how many more interest rate decreases are to come. Patrick Ward of Metro Group Realty Finance expects rates to plateau.

“The recent interest rate cut was definitely expected. Many anticipated that the Fed would again lower interest rates at the November 6 meeting. This is largely due to the fact that the Fed has been supportive in assisting the prolonged expansion of the current market,” Ward, president at Metro Group Finance, tells GlobeSt.com. “However, at the recent meeting, the Fed indicated that there would have to be significant evidence of a deteriorating economy to continue to lower rates. The current rate of 1.625% is the midpoint of the last three years with a low of .75% and a high of 2.50%.”

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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