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Macro Finance

PIMCO Says Mideast Crisis Driving High Interest Rates

Bloomberg Markets·November 3, 2026·1 min read

PIMCO CEO Emmanuel Roman said the ongoing crisis in the Middle East is driving high interest rates. Roman spoke to Yvonne Man and David Ingles on the sidelines of the HKMA Global Financial Leaders’ Investment Summit, attributing persistent rate pressures to geopolitical instability and its impact on global inflation and monetary policy.

Read at Bloomberg Markets
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