A 25-Basis-Point Hike Adds $37,500 to a $15M Hotel Loan. Half the Fed Wants to Do It This Year.
Nine of eighteen Fed policymakers now project at least one rate hike in 2026, and the new Chair is the most hawkish the Fed has had in a decade. If you're carrying floating-rate hotel debt, the refinancing math you ran in January is already wrong.