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The Fed Hikes, Credit Tightens and Commercial Real Estate Looks Like the Next Problem for Banks

The U.S. central bank hiked interest rates by 25 basis points, even as credit tightens across the economy.

March 24, 2023

NLW catches up on the macro in the wake of the recent Federal Open Market Committee meeting and interest rate decision. The stakes were higher going into this meeting thanks to the banking crisis. As the Federal Reserve stays determined to keep hiking, is commercial real estate poised to be the next challenge?

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Malte Mueller/Getty Images, modified by CoinDesk.

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