US Freedom Capital Blog

What does the U.S. interest rate hike mean for real estate?

Posted by USFC Team on Apr 27, 2017 5:30:37 PM

On March 15, the U.S. Federal Reserve raised its overnight funds rate by 25 basis points, taking it to a target range of 0.75 percent to one percent. The move was widely-anticipated given the strengthening economic backdrop, with recent figures showing U.S. unemployment dipping to 4.7 percent, inflation at 2.7 percent, business investment firming, and the Fed forecasting growth of 2.1 percent this year.

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Topics: interest rates, federal reserve

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