ADAM - A Dovish Turn, A Hawkish Shadow
2025-09-21 09:00:48 ET
Real Estate Weekly Outlook
U.S. equity markets notched another series of record highs this past week after the Federal Reserve resumed its rate-cutting cycle following a nine-month pause and affirmed a cautiously dovish policy pivot, acknowledging a dual-mandate dilemma to support softening labor markets while simultaneously attempting to contain stubbornly elevated inflation. The Fed’s decision to lower rates by a quarter point to 4.25% carried surprising unity following months of contentious political maneuvering. Eleven of twelve officials backed a 25-basis-point cut - including embattled Biden appointee Lisa Cook and Trump appointees Bowman and Waller - while newly appointed Stephen Miran was the lone dissent in favor of a deeper 50-point cut....
A Dovish Turn, A Hawkish Shadow