Life isn’t about getting and having, it’s about giving and being. –Kevin Kruse
The Outlook for Interest Rates |
Federal Reserve Chair Janet Yellen cautioned last week that global economic pressures pose risks to the U.S. economy but said it’s too soon to know whether those risks are severe enough to alter the Fed’s interest-rate policies. |
Yellen said the Fed will determine at its next meeting in March how much economic weakness and falling markets around the world have hamstrung U.S. growth. And for a second day, Yellen was asked about the possibility that the Fed would use negative interest rates as a way to give the economy more support. |
She repeated that the Fed had studied the prospect of deploying negative rates in 2010 but had decided not to use them to try to boost the economy. But she said the Fed thought it should study the issue again. Other central banks, including in Europe and Japan, are |
“In light of the experience of European countries and others that have gone to negative rates,” Yellen said, “we are taking a look at them again because we would want to be prepared in the event we needed” to nudge rates below zero to try to fuel borrowing and spending. |
Yellen stressed that any Fed decision to employ negative rates in the United States was not imminent. She said that while the financial landscape has darkened since the Fed’s December rate increase, reversing course from gradually raising rates to cutting rates is “not what I consider the most likely scenario.” |
The Fed chair acknowledged that the central bank has been surprised by how much energy prices have dropped and the U.S. dollar has risen in value since mid-2014. |
“We have been surprised in part by those developments, and they have played a significant role in holding down inflation,” Yellen said. |
The Fed has tied future rate increases to further evidence that it’s advancing its goal of having inflation rise at a rate of 2% annually. For nearly four years, the Fed has fallen well short of that target, in part because of sinking energy prices and a stronger dollar, which lowers the cost of imported goods. |
Yellen’s testimony to the Senate Banking Committee followed an appearance before the House Financial Services Committee. On both days, Yellen cautioned that global pressures could depress the economy’s growth and slow the pace of Fed rate hikes. |
Key Economic Reports Released This Week
RELEASE DATE |
ECONOMIC INDICATORS |
RELEASED BY |
CONSENSUS | Wt. | INFLUENCE ON INTEREST RATES |
Tue 02/16 8:30 am et |
Empire State Mfg Survey for February ’16 |
Federal Reserve Bank of New York |
-10.0 | ** | ?If strong demand ?If weak demand |
Tue 02/16 10:00 am et |
NAHB Housing Index for February ’16 |
National Association of Home Builders |
61 | ** | Undetermined |
Tue 02/16 1:00 pm et |
Weekly Bill Auction | Dept. of the Treasury | N/A offering |
** | ?If strong demand ?If weak demand |
Wed 02/17 7:00 am et |
MBA Mtg Apps Survey for week ending 02/12 |
Mortgage Bankers Association of America | N/A | * | Undetermined |
Wed 02/17 8:30 am et |
Producer Price Index (PPI) for January ’16 |
Bur. of Labor Statistics Department of Labor |
-0.2% core 0.1% |
*** | ?If above consensus ?If below consensus |
Wed 02/17 8:30 am et |
Housing Starts / Permits for January ’16 |
Bureau of the Census Dept. of Commerce |
HS 1.175M BP 1.224M |
*** | ?If above consensus ?If below consensus |
Wed 02/17 8:30 am et |
Industrial Prod / Capacity for January ’16 |
Federal Reserve Board | IP 0.2% CU 76.6% |
*** | ?If above consensus ?If below consensus |
Wed 02/17 2:00 pm et |
FOMC Minutes for 05/19 meeting |
Federal Reserve Board Open Market Committee |
N/A | **** | Determines Policy |
Thu 02/18 8:30 am et |
Jobless Claims for week ending 02/13 |
Bur. of Labor Statistics Department of Labor |
269k | * | ?If above consensus ?If below consensus |
Thu 02/18 10:00 am et |
Philadelphia Fed Survey for February ’16 |
Federal Reserve Bank of Philadelphia |
-2.5% | ** | Undetermined |
Thu 02/18 10:00 am et |
Leading Econo Indicators for January ’16 |
Bur. of Econ. Analysis Dept. of Commerce |
-0.2% | *** | ?If above consensus ?If below consensus |
Fri 02/19 8:30 am et |
Consumer Price Index for January ‘ 16 |
Bur. of Labor Statistics Department of Labor |
-0.1% core 0.1% |
*** | ?If above consensus ?If below consensus |
* Low Importance | ** Moderate Importance | *** Important | **** Very Important |
|
FROM ME:
Phoenix Commercial Real Estate and Investment Real Estate: investors and Owner / Users need to really know the market today before making a move in Commercial Properties or Investment Properties in Phoenix / Tucson / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land in Phoenix / Tucson / Arizona. Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties.
I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international. Click here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
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http://walter-unger.com/?p=15472
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Click here to find Reasons to Consider me for Commercial Referrals
http://walter-unger.com/?p=15010
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Click here to View My Listings and Profile
http://www.loopnet.com/profile/14101172900/Walter-Unger-CCIM/Listings/
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https://en.wikipedia.org/wiki/CCIM
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Click here to view my website:
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Interactive Map Of All 10+ Unit Apartment Listings in Metro Phoenix
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3rd QTR 2015 GREATER PHOENIX APARTMENT OWNER’S NEWSLETTER Kasten Long Commercial Grpup.
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http://walter-unger.com/?p=15073
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Click her to join my mailing list :
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
2016 Official Arizona Visitors Guide
http://walter-unger.com/?p=13391
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Timeline of Phoenix, Arizona history
http://en.wikipedia.org/wiki/Timeline_of_Phoenix,_Arizona_history
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http://en.wikipedia.org/wiki/Phoenix,_Arizona
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Facts of Arizona – year 1848 to 2013
http://walter-unger.com/?p=9507
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
walterunger@ccim.net 1-520-975-5207
Check out my professional profile and connect with me on LinkedIn.
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Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages. The interactive map shows the location of each community (10+ units) and each location is color coded by the size (number of total units).
Click here for Map of Apartments for Sale (10+units)
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Walter Unger CCIM
Senior Associate Broker
Kasten Long Commercial Group
2821 E. Camelback Rd. Suite 600
Phoenix , AZ 85016
Direct: 520-975-5207
Fax: 602-865-7461
Reasons to Consider me for Commercial Referrals
Delivering the New Standard of Excellence in Commercial Real Estate
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