Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says

🇺🇸 Bloomberg (US) —

AI Summary

The Chief Investment Officer of Pimco warns that the ongoing war in Iran may compel the Federal Reserve to consider raising interest rates instead of implementing cuts. This perspective is causing significant concern among investors.

The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told the Financial Times.

Politics Markets Iran Federal Reserve interest rates Pimco finance

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