Monetary Policy Necessary But Not Sufficient – Pimco’s COO
PIMCO Chief Operating Officer Doug Hodge spoke with FOX Business Network’s (FBN) Cheryl Casone about the current state of the economy and what’s ahead for the markets. Hodge said that while monetary policy is necessary, it isn’t “sufficient.” He went on to say that “we’re in for a slow period of balance sheet rehabilitation,” and [...]
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