Small and regional U.S. banks hold about 80 percent of all commercial real estate loans in the country, totaling around $2.3 trillion, according to data service Trepp.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Mar 28 2023
FREIGHT COMPANIES FEAR RECESSION
Logistics companies had hoped for increased business in the last half of this year, but retailers are cautious about placing orders after being overstocked for months last year and earlier in this one, The Wall Street Journal reported.
ECONOMIC UPDATE – MARKET OVERVIEW
In February we warned Trends Journal subscribers to prepare for “March Economic and Equity Market Madness.” We also provided proactive measures to consider taking.
FED RAISES KEY RATE A QUARTER POINT: WHAT’S NEXT?
The U.S. Federal Reserve added a quarter point to its key interest rate last week, lifting the yield it pays on deposits to 4.75 percent and the rate it charges borrowing banks to 5 percent.