Ryan Speirs
Utah’s commercial real estate activity has softened in the past few post-pandemic years, but there has been modest growth momentum in the first half of 2024 and a foreseeable drop in the Federal Funds rates may drive more growth.
A lower federal funds rate is widely expected to be announced when the Federal Open Market Committee meets Sept. 17-18. This will be the first rate cut in more than four years, following a series of aggressive rate hikes — 11 over the span of a year and a half — aimed to tame Please log in to see the rest of this story.
