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Fed’s Rate Hikes Aren’t Bulldozing Commercial Real Estate— Yet



The Federal Reserve’s announcement of another 0.75 percentage point interest rate increase continues the central bank’s grim war with inflation. Higher rates are doing damage across the economy, which has never stabilized after the Covid-19 shock. But commercial real estate, vital to cities’ economic and fiscal well-being, hasn’t taken a big hit—yet. Ever-higher interest rates are slowing the economy, and if the Fed keeps this up, it will induce a recession (which seems to be its goal).

Forbes

Photo by Blogging Guide on Unsplash

 

 


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