The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Wednesday, December 13, 2017
Fed Raises Benchmark Interest Rate to 1.5%
The Federal Reserve raised its benchmark interest rate to 1.5% today, forecasting that inflation will remain below 2% over the next year. Fed officials expect that the rate will reach 3.1% by the end of 2020. Read more.