January 29, 2025 – Chicago Tribune recently interviewed Richard Traub on the impact of the Federal Reserve’s decision to hold interest rates steady and its effect on downtown Chicago real estate development. “Back in September, most people absolutely expected a number of rate cuts this year, but that expectation has dimmed, and people are starting to be concerned that (flat interest rates) will be the trend for the rest of 2025,” Traub said. To read the full article, click here (subscription may be required).