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PGIM Portfolio Manager: Strong Economic Resilience, Fed May Stay Put for the Whole Year

PGIM Portfolio Manager: Strong Economic Resilience, Fed May Stay Put for the Whole Year

Bitget2025/02/07 19:12

According to Golden Ten, PGIM fixed income portfolio manager Michael Collins said that the latest economic data show that the U.S. economy continues to maintain strong resilience. In this context, the Federal Reserve can maintain the current level of interest rates, Collins believes that the Federal Reserve may not take action to reduce interest rates throughout the year, the possibility is high.

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