This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. The Federal Reserve cut its main interest rate by 25 basis points on Wednesday to a range between 3.75% to 4% following a two-day meeting. The decision marks the second rate reduction by the central bank this year, coming after it reduced rates by a quarter point in September. However, apartment industry observers don’t expect major short-term effects from th ...