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PGIM Fixed Income

2023 Top 500 ranking: 29

Fed Aims Hard at Soft Landing

Featured Image_GI487808414 (Federal Reserve DC)

An optimistic tone regarding a soft-economic landing accompanied the beginning of the Fed’s rapid advance on the inflation front, fueling a rally in equities, credit spreads, and long-term interest rates. It marks a point where Fed policy entered a second stage—likely with some market consolidation and less volatility—as the Fed ...

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