Economists who wanted to see continuity in monetary policy are more likely to feel Powell was the best choice for the role, says Sam Chandan, associate dean of NYU's Schack School of Real Estate.
Federal Reserve Bank of New York President William Dudley will retire six months earlier than expected, reports MarketWatch. The arrest of Saudi Prince Alwaleed bin Talal could have implications for the real estate industry, according to the Los Angeles Times. These are among today’s must reads from around the commercial real estate industry.
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