Pimco’s Clarida Sees US Recession as ‘Certainly More Likely’

Pimco's Clarida Sees US Recession as 'Certainly More Likely'

Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), says the odds of a hard landing for the US economy “certainly have” gone up and discusses the impact of higher interest rates on bank lending on “Bloomberg Surveillance.”

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Source: Bloomberg Television


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