(To read more on the debt and equity markets, click here.)
MIAMI-With the Federal Reserve raising interest rates for the17th time in a row on June 29, many in the real estate arequestioning how the rate change will impact the real estatemarket.
In a statement regarding the rate hike, the Federal Reserve said"recent indicators suggest that economic growth is moderating fromits quite strong pace earlier this year, partly reflecting agradual cooling on the housing market and the lagged effects ofincreases in interest rates and energy prices."
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