Seeing Divide Between Corporate Clients on Cash Rates: Wells Fargo’s McMichael

Vanessa McMichael, Head of Corporate and Public Entity Strategy at Wells Fargo, says some clients are using the Federal Reserve’s potential prolonged pause to remain in cash rates, while others are seeing an opportunity. She speaks to Bloomberg’s Romaine Bostick and Alix Steel on “Bloomberg Markets: The Close.” (Source: Bloomberg)

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