50 min

CPI inflation down, but Fed does NOT cut rates (yet)‪.‬ The Gray Report Podcast

    • Investing

On the same day that the CPI showed yearly inflation ticking down to 3.3%, with zero price growth last month, the Federal Reserve released its updated economic projections along with commentary that raised the possibility of an interest rate cut this year, but there was little definitive indication on when that might take place. While CRE markets are showing more signs of adjustment to "higher for longer" rates, the improved inflation numbers and potential for lower rates are meaningful developments for the CRE lending market that is continuing to feel pressure from the persistent high-rate environment.


Sources discussed in this episode:

Apartment List: “What will the pullback in multifamily construction permitting mean for the rental market?” - https://www.apartmentlist.com/research/what-will-the-pullback-in-multifamily-construction-mean-for-the-rental-market

Cushman & Wakefield: “U.S. Macro Outlook: An Uncomfortable Soft Landing” - https://www.cushmanwakefield.com/en/united-states/insights/us-macro-outlook

Marcus & Millichap: “Perceptions of the CRE Investment Market” - https://www.marcusmillichap.com/research/videos/2024/06/perceptions-of-the-cre-investment-market

Fannie Mae: “Homebuying Sentiment Hits New Survey Low” - https://www.fanniemae.com/research-and-insights/surveys-indices/national-housing-survey

For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠

Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠

DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.

On the same day that the CPI showed yearly inflation ticking down to 3.3%, with zero price growth last month, the Federal Reserve released its updated economic projections along with commentary that raised the possibility of an interest rate cut this year, but there was little definitive indication on when that might take place. While CRE markets are showing more signs of adjustment to "higher for longer" rates, the improved inflation numbers and potential for lower rates are meaningful developments for the CRE lending market that is continuing to feel pressure from the persistent high-rate environment.


Sources discussed in this episode:

Apartment List: “What will the pullback in multifamily construction permitting mean for the rental market?” - https://www.apartmentlist.com/research/what-will-the-pullback-in-multifamily-construction-mean-for-the-rental-market

Cushman & Wakefield: “U.S. Macro Outlook: An Uncomfortable Soft Landing” - https://www.cushmanwakefield.com/en/united-states/insights/us-macro-outlook

Marcus & Millichap: “Perceptions of the CRE Investment Market” - https://www.marcusmillichap.com/research/videos/2024/06/perceptions-of-the-cre-investment-market

Fannie Mae: “Homebuying Sentiment Hits New Survey Low” - https://www.fanniemae.com/research-and-insights/surveys-indices/national-housing-survey

For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠

Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠

DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.

50 min