With economic conditions still strong, many investors, including in CRE, are looking forward to falling interest rates and more favorable conditions in 2024. After all, the Federal Reserve has indicated a good chance of three quarter-point drops by year's end.
But markets have taken a bit of good news and stretched it out beyond what might be realistic. That could be bad news in the end.
Christopher Walker, a Fed governor, noted in a speech this week before the Brookings Institution, that economic news has been good.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.