Tag: inventory

Last year’s banking woes confirmed regulators and central banks have the instruments to stop a systemic disaster and can be fast to act if conditions worsen, said Mohit Kumar, chief economist, Europe, for Jefferies. Analysts have for months warned that CRE-tied debtors are vulnerable to defaulting on loans due to high interest rates and low occupancies. In January 2023, six of the seven states endorsed a plan for using evaporation accounting as a means to share the cuts more evenly over the following few years whereas the new, long-term rules are being negotiated. California opposed that plan, and the states …