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Bloomberg

It's Not Time to Raise Rates, Says State Street's Hung

Monday, August 10, 2026


State Street Investment Management President and CEO Yie-Hsin Hung said on Bloomberg Surveillance that gold and private markets are anchoring many portfolios and that the Federal Reserve should not raise interest rates this year. Hung stated the US economy is in good shape.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-10/not-time-to-raise-rates-says-state-street-s-hung-video

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