Originally published on April 10, 2024, by Beth Mattson-Teig for UrbanLand Magazine.

It’s tough to view a strong economy as bad news. Yet a firmly positive economic projection in ULI’s Real Estate Economic Forecast does not bode well for commercial real estate participants who are hoping for relief in rate cuts from the U.S. Federal Reserve.

“Financial conditions have eased dramatically, and for the Fed to cut substantially would be pouring gasoline on the fire,” says Ken Rosen, chairman of Rosen Consulting Group. “Everyone in this room wants it to happen, for obvious reasons, but the overall economy, I don’t think [that] would benefit from creating even easier financial conditions.” Rosen was one of three panelists discussing the results of the Real Estate Economic Forecast on April 10 at ULI’s Spring Meeting in New York City.