Interest rates. The Fed will cut interest rates in 25 basis point increments, occasionally pausing because of the concern about inflationary pressures. But the weakening labor market will take precedent and The Fed by the end of the year will have cut 100 to 125 basis points in total. It's good for CRE investors, good for a lot of people. Fed's balance sheet quantitative tightening has already ended. (01:27–01:33)
CLAIM
Predicts that the Fed will cut a total of 100 to 125 basis points by year-end.
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