Economic Update
Interest Rates Hold Steady, For Now
When the Board of Governors of the Federal Reserve met on September 19 and 20, it kept interest rates steady at 5.25% to 5.5% despite the inflation rate remaining above the Board’s target of two percent. For perspective:
Economic Update
A Bull or a Bear in the China Shop?
Data released by China’s National Bureau of Statistics indicated a slight increase in retail sales (4.6%) and industrial production (4.5%) in August. Will these increases offset the slowdown in China’s real estate sector and consequent default by property developers? Are the Chinese government’s efforts to stimulate […]
Economic Update
Federal Student Loan Repayment Resumes
As of March of 2020, the U.S. Department of Education put a moratorium on federal student loan payments (“administrative forbearance”) and set the interest rate at 0%. The pause on interest accrual ended on September 1, 2023, and approximately 43 million borrowers must resume payments as early as October 1, […]
Economic Update
Commercial Real Estate & Environmental Sustainability
CBRE, the global commercial real estate company, recently released its North American City Sustainability Study. Of the 60 markets CBRE Econometric Advisors studied, 10 North America cities were ranked as the “best positioned to withstand the impact on property values from both transition and […]
Economic Update
Basic Protections for Adult (18+) Children
It’s every parent’s nightmare to learn that one of their adult children (age 18 and older) has been hurt in an accident. The nightmare gets worse when, in most states, parents are told “Sorry, under HIPAA (Health Insurance Portability and Accountability […]
