Institution: There is a high possibility that the Federal Reserve will not cut interest rates this year
News on February 7, PGIM Fixed Income Portfolio Manager Michael Collins stated that this is another sign of the economy's continued resilience. This is a strong economy. The Federal Reserve can now stand still completely. They might not take action (cut interest rates) this year, and the possibility is very high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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