Fed’s 2026 rate path is underpriced by markets if this PGIM call is right

Fed's 2026 rate path is underpriced by markets if this PGIM call is right


This call is way outside the consensus.

Fed's 2026 rate path is underpriced by markets if this PGIM call is right

The Federal Reserve will hike rates by 25 basis points three times this year, according to PGIM, which is well outside the consensus for rates to stay even or see one hike by year-end.

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