If you need assistance, please call 754-581-5077

Federal Reserve Signals End of Rate-Hiking Cycle as Interest Rates Rise by 0.25%

Thursday, March 23, 2023   /   by Dave Magua

Federal Reserve Signals End of Rate-Hiking Cycle as Interest Rates Rise by 0.25%

The Federal Reserve increased the federal funds rate by 25 basis points, marking its highest level since 2007. Additionally, the Fed plans to continue reducing securities on its balance sheet, indicating ongoing monetary tightening. The Fed has revised its projections for GDP growth, unemployment, and inflation in 2023, with weaker GDP growth, lower unemployment, and higher inflation expected. The federal funds rate is expected to reach its peak at 5.1%, indicating the potential for one more rate hike this year. Despite stubbornly high inflation, the consensus is that the rate-hiking cycle is coming to an end, with the Fed likely to begin cutting rates by the end of the year. Tighter lending conditions and a weakening economy will likely keep capital markets activity subdued, but greater certainty on the interest rate outlook could lead to a recovery in the latter half of 2023.

  #real estate #south florida #luxury real estate #buy and sell #dave magua #home decor #real estate agent #luxury life #luxury homes # miami realtor #dave magua group #we sell houses #jplantation #weston island #beach front properties #real estate investor #investment property #family home #boca raton #boca #home #illustrated #real estate#compass, palm beach county, south florida, broward county, palm beach, sell my property, jupiter

Keyes Illustrated Properties
Dave Magua
21065 Powerline Rd C-7
Boca Raton, FL 33433
754-581-5077
pixellocker

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
UP5DB701E1507748.jpg All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
UP5DB701E1507748.jpg All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
This site powered by CINC: www.cincpro.com