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PGIM Economist Sees Scope for October Fed Rate Hike Following CPI Data
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PGIM Economist Sees Scope for October Fed Rate Hike Following CPI Data

By rawfin.tv Markets Desk||1 min read|AI-assisted · Methodology

Robert Sockin of PGIM stated that US inflation data increases the likelihood of an October rate hike. He projects that interest rates need at least two more increases overall.

Read the full report at Bloomberg.

Federal ReserveInterest RatesCPIInflationPGIM

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