25th June 2024

  • Fed’s Daly Warns of Labor Market Risks, Nearing Inflection Point

Inflation not only risk at this point, says San Francisco head

Further cooling in labor market could drive up unemployment

https://blinks.bloomberg.com/news/stories/SFLJFXDWX2PS

  • US Approves Freddie Mac Pilot Program to Buy Second Mortgages

Proposal could help households pull equity from their homes

US households have $32 trillion in real estate equity

https://blinks.bloomberg.com/news/stories/SFKAGQT0G1KW

  • Federal Reserve Floats Weaker Version of Bank-Capital Revamp (1)

Agencies debate changes that would push capital hike far lower

Plan’s effects on banks’ trading businesses being considered

https://blinks.bloomberg.com/news/stories/SFLSO1T0AFB4

  • Real Estate Bets Gone Wrong Roil $1.24 Trillion Canadian Funds

Pensions are now retooling property divisions after losses

Funds are dealing with challenges at some office properties

https://blinks.bloomberg.com/news/stories/SDFGAST1UM0W

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