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On Thursday the Federal Reserve announced that it would prolong the decision to keep interest rates close to zero. Officials will continue to assess the impact of tighter financial conditions and slower global growth on the domestic economy. |
| “The recovery from the Great Recession has advanced sufficiently far and domestic spending has been sufficiently robust that an argument can be made for a rise in interest rates at this time,” said Janet L. Yellen, the Fed’s chairwoman. However the Fed dictated their concerns in light of recent global economic and financial developments. Without directly calling out China the Fed suggested that current conditions could dampen the economy and lead to lower levels of inflation. While heightened uncertainness abroad and slow inflation exists, it is still believed by market researchers that rates will rise in the coming months. This broken record has been playing for a few years now and for change to take place it seems we must see job growth paired with fair market conditions. |
Kurt Galitski
Meet Kurt Galitski - The Kurt Real Estate Group, your new best friend. Distinctive Strategies that Deliver Record-Setting Results. When you combine Kurt’s passion and knowledge of the real estate market, you really gain an appreciation for what makes Kurt different. But what truly sets him apart from the crowd are his 5 distinctive strategies and his property management… For Kurt, getting into real estate was not an accident, it was a deliberate and calculated decision to deliver a better experience to home buyers, sellers, and landlords that they have ever received before. Today, you could ask any one of hundreds of clients, read his Yelp reviews, or look at his track record of being featured in Orange Coast Magazine in excess of eight consecutive years and you too will say mission accomplished. www.KurtRealEstate.com www.KurtPropertyManagement.com 877-957-6677
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