Investors looking for a bit of respite from inflationary pressures may find solace in Fed Chairman Jerome Powell's recent remarks following the central bank's February meeting.
At a press conference in the wake of that meeting, at which the Fed announced a 25 bps increase of the overnight rate, Powell said the "disinflationary process has started" — and that means the Fed will be under less pressure going forward to increase interest rates, according to Marcus & Millichap's John Chang.
Also important? Powell said he continues to think there's a path to get inflation below 2% without a significant economic decline or increase in unemployment.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
