Read the full article here 1. FED INTEREST RATE CUT The Federal Reserve cut its primary policy interest rate by 50 basis points (bps) in September to a target range of 4.75%-5%, the first interest rate reduction since policymakers began their fight against post-...
Read the entire Economic Update Here 1. CPI INFLATION • According to the US Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) increased 0.2% month-over-month (MoM) in August, repeating July’s pace and in line with the consensus forecasts that led up to...
Read the entire Economic Update Here 1. FED POISED TO PIVOT The FOMC is poised to cut interest rates in September for the first time in over two and a half years, evidenced by recent statements from Fed Chair Jerome Powell and a 100% consensus forecast that...
Read the entire Economic Update Here 1. INFLATION According to the BLS, the US Consumer Price Index (CPI) reaccelerated on a monthly basis in July but continued to decelerate annually. Prices rose by 0.2% between June and July, following a decline of 0.1% the...
For Immediate Release July 24, 2024 CONTACT: (Larry Ilfeld, CCIM, ALC) (505-265-4401) MAJOR ALBUQUERQUE LAND PARCEL SOLD Read the Press Release Here A major parcel of land in Albuquerque has been sold. The property, known locally as the Salazar land, is located in the...
