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In this Real Estate News Brief for the week ending October 22nd, 2022... what’s ahead with the Fed’s next meeting, the decline of the urban office, and the hybrid workplace challenge. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin with economic news from this past week, and forward-looking news about the Fed’s next meeting. Federal Reserve officials are set to hold their meeting on November first and second, and will likely approve a .75 rate hike. They will also be discussing the size of a potential rate hike in December that many economists foresee as a smaller increase. Fed Governor Christopher Waller said in a recent speech: “We will have a very thoughtful discussion about the pace of tightening at our next meeting.” (1) The jobless rate went down by 12,000 applications last week as the effects of Hurricane Ian disappeared. Initial claims dropped to a three-week low of 214,000 which indicates that la