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Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says

by The Wealth Advisor Contributor
(Bloomberg) - The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told the Financial Times.The bond powerhouse’s CIO said surging energy prices tied to Iran’s closing of the Strait of Hormuz create a new challenge for US policymakers who have struggled to bring inflation down to the central bank’s 2% target, the FT reported, citing an interview.

Featured

Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says

(Bloomberg) - The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told the Financial Times.

Teen Investors Have Time on Their Side

I never invested a dime until I was 25, when I enrolled in a 401(k) plan for the first time.Today’s teens are way ahead.

Wall Street Bankers On Pace For Big Pay Bumps In 2026 Amid AI Gold Rush

(Yahoo! Finance) - As the AI boom spurs activity across almost every corner of Wall Street, bankers are coming out on top in compensation hikes.

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