“Of course, if developments emerge that cause a material reassessment of our outlook, we would respond accordingly. Policy is not on a preset course.” - Federal Reserve Chairman Jerome Powell “He’s not wedded to some model he was taught 40 years ago in graduate school.” - Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, on Chairman Powell A highly anticipated update on the latest gross domestic product estimate and a highly anticipated Federal Reserve meeting in the same week? Yes please! While CoStar Economy loves the opportunity to dive into sector- and region-specific trends as we did the past two weeks, it’s nice to be back focused on the macro economy. Let’s start wi
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