Fed Chair Powell Says We Have Identified Banks With High CRE Exposure, Especially Office, And Are In Dialogue With Them; Expects There To Be Bank Failures From CRE; But Not Big Banks, More Small And Medium Sized Banks With Biggest Exposure; All Banks Need To Be In Touch With Discount Window, Know How To Use It
Benzinga Newsdesk - Mar 7, 2024, 11:29AM