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US Treasury Secretary Janet Yellen stated on Friday that despite cooling inflation and low unemployment boosting the overall economy, the US financial system will continue to face commercial real estate risks and vulnerabilities brought by digital assets in 2024. She hinted that member regulatory agencies of the Financial Stability Oversight Council (FSOC) are still focused on monitoring credit risks in commercial real estate, and urged officials to continue monitoring Wall Street's ability to respond. @ftiioma
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