Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CALABASAS, CA—“Solid US jobs report bolsters case for Fed rate hike.” “July Job Numbers Keep Fed Rate Hike on Track.” “July Jobs Report Hints At Fed Rate Hike In September.” These headlines from this past Friday found Reuters, the Wall Street Journal and Investor’s Business Daily all saying essentially the same thing. This week, Marcus & Millichap‘s Hessam Nadji reiterated a theme he has sounded in recent months: the steady if not dizzying pace of employment growth offers the Federal Reserve “a solid foundation to begin modestly raising rates later this year, despite some soft readings in measures such as wage growth.”


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.