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Inflation, commercial real estate among top financial stability concerns -Fed survey

2023-10-21 04:22
By Pete Schroeder WASHINGTON The chance for persistent inflation to keep interest rates higher and potential losses in
Inflation, commercial real estate among top financial stability concerns -Fed survey

By Pete Schroeder

WASHINGTON The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of respondents to a Federal Reserve survey on financial stability, the U.S. central bank said on Friday.

The latest version of the central bank's semiannual report found that three-quarters of survey respondents cited those two issues as prominent near-term risks. Concerns over bank stability following the failure of three large firms this spring were cited by roughly half, similar to levels seen in the May version of the report.

(Reporting by Pete Schroeder; Editing by Leslie Adler)