U.S. markets closed

Pimco CEO Roman Says Fed Won't Raise Rates for a Long Time

Jun.23 -- Emmanuel Roman, chief executive officer of Pacific Investment Management Co. (Pimco), says the Federal Reserve has learned its lesson from previous rate hikes and will be determined to avoid another "temper tantrum." He speaks with Bloomberg Editor-in-Chief John Micklethwait during the Bloomberg Invest Global 2020 virtual conference.