The Fed is throwing 'kerosene on the fire' and needs to end rate hikes as inflation is probably already at 2%, billionaire real estate mogul Barry Sternlicht says

The Fed is throwing 'kerosene on the fire' and needs to end rate hikes as inflation is probably already at 2%, billionaire real estate mogul Barry Sternlicht says

Business Insider

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The US is in for a "serious" recession that could bring a "Category 5 hurricane" to commercial real estate, Sternlicht previously warned.

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