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

Related posts

Leave a Reply

Your email address will not be published.