Michael Collins, the senior investment officer at PGIM Fixed Income, says that if the Fed raises rates too much, too quickly, it could cause a recession.
Michael Collins, the senior investment officer at PGIM Fixed Income, discusses monetary policy. He sees the Fed continuing to be transparent with their plan, which he says will likely result in two rate hikes in 2018. He says that there's risk of the Fed hiking too much, too quickly, which would flatten the curve and cause a selloff — and possibly even a recession.
Michael Collins, the senior investment officer at PGIM Fixed Income, says that if the Fed raises rates too much, too quickly, it could cause a recession. Read Full Story
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