Fed says it will shrink its balance sheet, which is good and bad news for real estate

The Federal Reserve on Tuesday announced it would raise short-term interest rates again, but the real news was its decision to start selling off assets. The Fed bought up $4.5 trillion in bonds and other securities in the wake of the 2008 financial crisis in a bid to stabilize financial markets and push down long-term interest rates. But as the economy improves, there is less of a need for the program, dubbed quantitative easing. “The […] Read More >> https://therealdeal.com/2017/06/15/fed-says-it-will-shrink-its-balance-sheet-which-is-good-and-bad-news-for-real-estate/