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What Higher Interest Rates and Inflation Mean for Commercial Real Estate
From wellsfargo.bluematrix.com
The era of near zero interest rates appears to be nearing an end. Despite emergent geopolitical risks stemming from Russia's invasion of Ukraine, mounting inflation now has the Fed's full attention. During January, the Consumer Price Index (CPI) leaped 7.5% year-over-year, marking the largest annual jump in just under 40 years. Broadening price pressures have arrived against a backdrop of tangled supply chains and robust consumer demand, fueled in large part by accommodative fiscal and monetary policies over the past two years meant to help offset the pandemic recession. More recently, tightening labor markets have ... (full story)