The much-anticipated interest rate-cutting cycle could be around the corner, beginning as early as March 2024, according to some on Wall Street. While a drop in the Federal Reserve’s policy rate would be a welcome reprieve to the commercial real estate industry, asset prices haven’t always digested this move gracefully.
What to Watch in 2024: Could Interest Rates and Prices Both Fall?
Slowdown in Economic Activity Noted by the Federal Reserve Could Offset Impact from Lower Rates
By Chad Littell
CoStar Analytics
January 3, 2024 | 7:23 P.M.
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