The Chief Economist: Ready or Not

In BGO's September 2024 update, the focus is on the anticipated 25 basis point rate cut by the Federal Reserve, which is expected to initiate an easing cycle designed to support the economy. Inflation remains a concern but continues to trend downward, with no immediate risk of re-acceleration. The commercial real estate (CRE) market is expected to benefit from this, with improved liquidity, lower cap rates, and rising valuations over time.

Investors are advised to act strategically, as current pricing conditions may not last. The Fed's actions will likely impact transaction volumes, credit availability, and overall market confidence.

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