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Federal Reserve stirs hope of less carnage in commercial real estate in 2024

Por: MarketWatch Business December 19, 2023

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At the central bank’s final policy meeting of the year, Fed Chairman Jerome Powell said the central bank didn’t want to make the mistake of keeping rates high for too long, a surprise that helped fuel a powerful rally in stocks, bonds and other risk assets. “People are just in a better mood about everything,” said Daniel Lisser, vice president at Marcus & Millichap Capital Corporation, in a phone call Monday with MarketWatch. “The tone... + full article



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