Media
CRE Can Withstand A Higher Rate Environment. Here’s Why
May 06, 2022
Fed Chairman Jerome Powell has apparently ruled out more aggressive rate hikes in the future following a 50 basis point increase Wednesday, saying at a press conference that anything higher than that is “not something we’re actively considering.”
“A 75-basis-point increase is not something we’re actively considering,” Powell said at the presser, as reported by CNBC. “I would say I think we have a good chance to have a soft or softish landing, or outcome if you will.”
Read the Full Article
“A 75-basis-point increase is not something we’re actively considering,” Powell said at the presser, as reported by CNBC. “I would say I think we have a good chance to have a soft or softish landing, or outcome if you will.”
