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Pimco's Clarida: Fed Ready to Hike if Inflation Persists

Key takeaways

  • Richard Clarida of Pimco indicates the Fed may raise rates if inflation pressures continue, following remarks from Fed Chairman Kevin Warsh at Jackson Hole.

Analysis

Richard Clarida of Pimco indicates the Fed may raise rates if inflation pressures continue, following remarks from Fed Chairman Kevin Warsh at Jackson Hole.

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