Economics
Fed Official Who Warned on Real Estate Traded REITs Actively
- Financial disclosures show Boston’s Rosengren held four REITS
- Dallas Fed’s Kaplan made multiple $1 million-plus 2020 trades
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One of the Federal Reserve’s largest internal critics of the risks in U.S. real estate was an active investor in the sector last year, financial disclosures show.
Boston Fed President Eric Rosengren listed stakes in four separate real estate investment trusts and disclosed multiple purchases and sales in those and other securities, the documents show.