Pimco's Ivascyn says below 50 percent chance Fed hikes rates this week

NEW YORK (Reuters) – Pacific Investment Management Co, one of the world’s largest asset managers and advised by former Federal Reserve chairman Ben Bernanke, puts a “below 50 percent chance” the Fed will raise short-term interest rates this week, Pimco Group Chief Investment Officer Dan Ivascyn told Reuters on Monday.


Source: ReuterBusiness

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