Surveillance: Fed Pause with PGIM's Rosner
Bloomberg Surveillance
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Is There a Recession in Commercial Real Estate?
Small and mid-sized banks do most of the lending. They represent about 50% of the total loan book for the economy as a whole. The Fed, as we know, has interest rates at elevated levels. When you're dealing with 0.4, 0.5, 0.6% readings on CPI, there's very little they can do in terms of easing to alleviate this crisisat all.
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