noted Goldman Sachs CEO David Solomon has issued a cautionary statement regarding the commercial real estate sector, highlighting the impact of higher interest rates on the industry. In an interview with CNBC’s Sara Eisen, Solomon revealed that his bank would disclose markdowns on commercial real estate holdings in the second quarter. As loan defaults and […]
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Understanding The Potential Impact Of The Federal Reserve’s Interest Rate Pause On Personal Finances
13
Mar
Mar
Experts predict that the Federal Reserve will temporarily pause its aggressive interest rate hikes during its upcoming meeting next week. However, despite this pause, consumers may not experience any relief. Over the past year, the central bank has increased interest rates ten times, the most rapid pace since the early 1980s, in an attempt to […]