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US Asset Manager PGIM Flips Fed View, Sees Three Hikes This Year
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US Asset Manager PGIM Flips Fed View, Sees Three Hikes This Year

Bloomberg Markets · Jun 15, 2026, 7:50 PM

US asset manager PGIM has staked out the fringe view that the Federal Reserve will raise interest rates three times this year to put the brakes on the economy — then reverse the hikes in 2027.

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