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Февраль
2024

Yellen says US commercial property concerns 'manageable'

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US Treasury Secretary Janet Yellen expressed concern Tuesday about the commercial real estate sector in the current environment of higher interest rates -- but added that the overall situation should be "manageable." As commercial real estate loans come due, they will need to be "refinanced in a context where vacancy rates in some cities are quite high," Yellen said in testimony.



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