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The messages are mixed when it comes to the impact of President Joe Biden’s first 100 days in office on commercial property markets, according to a recent analysis from Cushman & Wakefield.

President Biden’s $1.9 trillion American Relief Plan has lifted near-term growth forecasts, with median real GDP predictions being revised upward to 6.2% since December.  While inflation is expected to increase modestly, the Fed also is maintaining what C&W analysts call “a highly accommodative monetary policy,” and the debt markets are functioning well as huge amounts of capital are set to be deployed across asset classes.

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