Market Update Blog

July 28, 2022

In an effort to stem inflation, the Fed announced on Wednesday that it is raising the Federal Funds rate by .75%. The benchmark short-term rate is at its highest level since 2018. While these intentional rate increases have dramatically pushed…

June 30, 2022

The Consumer Price Index (CPI) dropped from 8.5% in March to 8.3% in April only to bounce back to 8.6% in May. The 8.6% 12-month increase ending May is the largest 12-month increase since December 1981. Much of that was…

June 23, 2022

The keyword at the end of the second quarter of 2022 is volatility. The U.S. economy is facing headwinds including high inflation (8.6% annualized inflation rate as of the end of May), high oil prices, a continuing war between Russia…

June 16, 2022

The CRE Finance Council held its annual conference on June 13th and 14th at the Marriott Marquis in New York, New York. The conference was heavily attended by lenders and capital market participants in the securitized lending markets (agency, CMBS,…