Inflation Research Brief

September 17, 2025

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Commercial Real Estate Investors Balance Rate Relief With Cost Pressures

CPI edges higher, Fed poised to easeInflation picked up in August, led by higher food and energy costs, while tariffs continued to gradually raise prices across other categories. At the same time, recent downward payroll revisions point to a softer labor market. With inflation still relatively contained, the Federal Reserve is expected to cut rates at its Sept. 17 meeting, providing tailwinds for commercial real estate investment activity.

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