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[Pimco Global Economic Advisor: The key point is that the Federal Reserve unanimously decided to raise interest rates] September 17th, Pimco Global Economic Advisor Richard Clarida said that what is important is that the Federal Reserve unanimously adopted today’s interest rate decision. Clarida said core PCE growth of 3.4% was "a bit high" and could actually be lower than that. The key question, Clarida said, is how long the shock will last.
Global market intelligence 🕐 2026-09-17 02:30
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