In this enlightening discussion, Ryan Severino, Chief Economist at BGO, David Rea, Chief Economist at JLL, and Alberto Lopez, Global Forecasting Director at JLL, delve into the state of AI in commercial real estate forecasting. They explore how AI enhances predictive models but emphasize the critical need for human insight in interpreting data. The trio tackles the challenges of data quality and outlines the future of AI-driven analytics. Real-world examples illustrate the significance of sound methodologies and the evolution of market trend forecasting.

Ryan Severino, BGO's Chief Economist, discusses the timing of rate cuts by the Federal Reserve, potential impacts on a cooling economy, and risks of cutting too little. Topics include inflation management, office market dynamics, and caution against aggressive rate cuts on troubled assets to prevent financial crises.