Summers: Recession in 2023, CRE in Good Shape to Sail Through It, 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.”