On Wednesday, March 22nd, 2023, the Federal Reserve raised the federal funds rate by twenty-five basis points in an attempt to slow down inflation. Tauro’s Co-found – President | Advisory Services Group, Scott Lee, commented on the increase saying how it was expected and already priced into the market. However, he expects a temporary pause following this latest raise so that the market can adjust to these changes and give the FDIC time to fix the banking uncertainty. Other commercial real estate experts offer their thoughts on the raise and what people should expect in the market in the near future.
