PGIM Sees Hawkish Fed Tilt in September With Three Hikes

Written by BloombergPublished Jul 30, 2026, 9:50 AM

PGIM Credit Global Economics Deputy Head Katharine Neiss discusses the Federal Reserve's decision to leave interest rates unchanged on Wednesday, saying Chairman Kevin Warsh delivered a "weaker press conference than expected." Speaking on Bloomberg Television, Neiss adds that the central bank's "Hawkish tilt" will come in September, with three sequential rate hikes.