Summers: Recession in 2023, CRE in Good Shape to Sail Through It
GlobeSt.com, Sept. 14, 2022–Jack Rogers
On a day when a stubbornly high inflation rate threw cold water on everyone’s hope for a soft landing for the US economy, former US Treasury Secretary Lawrence Summers assured CRE executives that “if the car’s going faster, we need a stronger brake, but that doesn’t mean we’ll hit the wall before the car stops.”
https://www.globest.com/2022/09/14/summers-recession-in-2023-cre-in-good-shape-to-sail-through-it/?
