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The Real Estate News Brief: Fed Meeting Predictions, Optimism for a Soft Landing, Rent Growth Slowdown

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I n this Real Estate News Brief for the week ending July 22nd, 2023... what economists are expecting from the Fed, why there’s so much optimism about a soft landing, and what landlords are seeing for rent growth in today’s market.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Economic News   We begin with economic news from this past week, and much of that news has been focused on what economists predict the Fed will do at this week’s meeting. There’s basically a consensus that the Fed will hike short-term rates another quarter point to squash inflation, and that that will likely be the final rate hike. But at the same time, most economists don’t expect Fed Chief Jerome Powell to say that out loud, and he has predicted the need for another two rate hikes. But he’s more likely to leave people guessing at this point, as Fed officials evaluate inflation data. And it’s been good recently. The consumer price index or CPI droppe