The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Wednesday, June 13, 2018
Federal Reserve Raises Benchmark Interest Rate for Second Time This Year
The Federal Reserve raised its short-term interest rate a quarter point to 2% today. This is the second time it has raised the rate this year, after raising it three times in 2017. The Fed expects that it will increase rates a total of four times this year. Read more.