CPI ‘Opens the Door More’ to October Fed Hike, Says PGIM’s Sockin
Robert Sockin, chief US economist at PGIM, says the US economy needs two more rate hikes at a minimum and that “the broader direction is up” for interest rates even if the Federal Reserve does not move at this month’s meeting. (Source: Bloomberg)
This is a short extract from a report by Bloomberg. The full text stays with the publisher — follow the link to read it there.
Read at source
