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Cava’s Market Debut, CRE Lending Opportunities, and The Black Swan 6/15/23

The Exchange

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The Fed's Dovish Hike and the Hawkish Pause in Inflation

Bank of America's head of U.S. economics says inflation will remain sticky enough to warrant a couple more hikes by the Fed this year. Keith Fitzgerald, principal at the Fitzgerald group: We do think the economy will move into 2024 without experiencing a downturn. The combination of all of this and a little better risk backdrop led us to push out any downturn.

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