Does June’s Inflation Reading Change the Fed’s Outlook?

June Inflation Gives More Runway to Fed for Rate Cuts Falling commodity prices reflect cooling economy. While pricing pressures remain above target 27 months into the Federal Reserve’s current monetary tightening cycle, meaningful relief is beginning to show. Annual growth in the commodities less food and energy index — which captures pricing changes for non-necessity […]

What June Hiring Means for the Fed and Commercial Real Estate

June Hiring Poses Implications For Health Care and Retail Real Estate Job creation supported by business-cycle-agnostic sectors. The creation of 206,000 jobs in June brings total net hiring for the second quarter to 532,000, the lowest three-month total for employment growth since January of 2021. Much of the recent hiring slowdown has come from industries tied […]