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Interest Rates
Fed’s interest rate pivot brings new risks
Mike Gitlin
President and Chief Executive Officer

The Fed’s about-face on interest rates reflects a shift in global growth expectations and changes how bond investors should think about risk, says head of fixed income Mike Gitlin. 



Mike Gitlin is president and chief executive officer of Capital Group. He is also the chair of the Capital Group Management Committee. Mike has 30 years of investment industry experience (as of 12/31/2023). He holds a bachelor's degree from Colgate University.


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