Pimco at Odds With Goldman on Yellen as September Rate Bets Rise

Updated on
  • Clarida of Pimco sees no news in Fed chair’s Friday speech
  • Goldman says comments lift chance of September increase to 40%

Haefele: Fed Reaffirms Monetary Policy Has Some 'Oomph'

Federal Reserve Chair Janet Yellen’s speech Friday was hawkish enough for Goldman Sachs Group Inc. to boost the odds of a September interest-rate increase, while Pacific Investment Management Co. said there was nothing of note in her remarks.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.