PGIM Sees Hawkish Fed Tilt in September With Three Hikes
PGIM Credit's Katharine Neiss believes the Federal Reserve will adopt a more hawkish stance in September, implementing three consecutive rate hikes despite leaving rates unchanged at the recent meeting. She criticized Fed Chairman Kevin Warsh's press conference as weaker than anticipated, suggesting the central bank is positioning itself for more aggressive monetary policy ahead.
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PGIM Sees Hawkish Fed Tilt in September With Three Hikes
PGIM Credit's Katharine Neiss believes the Federal Reserve will adopt a more hawkish stance in September, implementing three consecutive rate hikes despite leaving rates unchanged at the recent meeting. She criticized Fed Chairman Kevin Warsh's press conference as weaker than anticipated, suggesting the central bank is positioning itself for more aggressive monetary policy ahead.
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