The Federal Reserve’s policy-setting committee shifted gears on Wednesday and boosted its target lending rate by 75 basis points, or three-quarters of a percentage point, the highest uptick since 1994.
Fed Responds to Market Worries, Accelerates Rate Hikes
Central Bank Raises Interest Rates 0.75 Percentage Points, Largest Jump Since 1994
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In