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PGIM Fixed Income

2019 Top 400 ranking: 24

Fed Stays “All Hands on Deck” in the Face of Virus Uncertainty; Net-Net, Mildly

Fed Stays “All Hands on Deck” in the Face of Virus Uncertainty; Net-Net, Mildly

The outcome of the Federal Reserve’s meeting on July 29, 2020 was largely as expected. Financial market functioning has been largely restored by the Fed’s aggressive actions last spring, but the economy is still operating at a level well below its pre-virus pace, despite the rebound in activity since April.

PGIM Fixed Income 

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