This is a narration of our weekly Rent and Operating Trends Report.
The Fed will meet on Tuesday and Wednesday this week, and economists anticipate another interest rate hike of 25 basis points, bringing the Fed Funds target rate to between 5.0% and 5.25%.
There is widespread speculation that this will be the last interest rate increase, as inflation metrics are trending downward, even if they remain above the Fed’s target.
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