FC observes the United States and Japan through policy, capital, industry, demographics, and real-estate cycles to understand development and cross-border opportunity in context.
National market outlook
USA
United States
A national view of the forces shaping property and land decisions across a diverse and changing market.
Fed Holds Policy Rate at 3.75%–4.00%, with Two Votes for an Increase
The Fed voted 10–2 on October 28 to keep its target range at 3.75%–4.00%; both dissenters favored a quarter-point increase. Inflation remained elevated. For property financing, the decision provides policy context; actual borrowing costs also depend on market yields and lender terms.
A national view of policy change, demographic transition, industrial renewal, and the property cycle.
Bank of Japan Keeps Its Policy Rate at 1.25%
The BOJ voted 8–1 on October 30 to keep the uncollateralized overnight call-rate target around 1.25%. For cross-border property analysis, this sets the short-term policy backdrop. Individual loan pricing, refinancing exposure and currency hedging still require separate assessment.
