Published May 10, 2026, 10:54 AM ET · Updated 6 months ago · 2 sources
Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, FT Says
bloomberg
·
Original Report
INFERY
Pimco Chief Investment Officer Dan Ivascyn warned that the war in Iran could prompt the Federal Reserve to delay interest-rate cuts and potentially raise rates. He cited surging energy prices and the challenge of bringing inflation down to the 2% target as key factors. Ivascyn suggested that further tightening is likely in Europe, the UK, and Japan, and did not rule it out for the US, stating rate reductions would be counterproductive.