PGIM is forecasting the Federal Reserve will raise interest rates three times this year to slow the economy. In a fringe view, according to Bloomberg, the US asset manager expects the Fed to reverse those hikes in 2027.
PGIM is forecasting the Federal Reserve will raise interest rates three times this year to slow the economy. In a fringe view, according to Bloomberg, the US asset manager expects the Fed to reverse those hikes in 2027.