Prudential Says ‘QE Forever’ May End With Real Estate Hit
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Prudential Financial Inc.’s chief risk officer said the eventual end of the Federal Reserve’s quantitative easing may erode the value of assets including commercial property.
“What’s causing our current low interest rates, QE forever and, really, a global malaise, could change very quickly,” Prudential’s Nicholas Silitch said today at a conference sponsored by KPMG International in New York.