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TechFlow news, according to Jinshi report, PGIM fixed income portfolio manager Michael Collins said the latest economic data shows the U.S. economy continues to maintain strong resilience. Against this backdrop, the Federal Reserve can certainly keep interest rates at current levels. Collins believes it is highly likely that the Fed may not cut rates at all throughout the year.
According to Jinshi, Michael Collins, portfolio manager at PGIM Fixed Income, said that recent economic data show the U.S. economy continues to demonstrate strong resilience. Against this backdrop, the Federal Reserve can comfortably maintain current interest rates, and Collins believes it is highly likely the Fed will not cut rates at all throughout this year.
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