Higher wages have not spread to broader inflation but could still impact financial markets.

The outbreak of COVID-19 has caused an unprecedented dislocation in economic activity. We assess the current economic reality, the state of the CRE market as it entered this crisis, and what we’re watching as we progress through it.

We present a series of articles to offer guidance to investors, context from prior economic cycles, and details of policy solutions and expected impact.

COVID-19 impacts on corporate credit markets