PIMCO, a U.S. bond manager, expects the Federal Reserve to begin normalizing policy by midyear with rate cuts, but these cuts will be more gradual compared to other central banks. The easing cycle in the United States is anticipated to start midyear and proceed at a slower pace.
⚠️ PIMCO TRIMS 2024 FED RATE CUT EXPECTATIONS TO 2 AFTER JOBS REPORT Full Story → https://t.co/PGRe5x3Mqn U.S. bond giant PIMCO has trimmed its expectations for interest rate cuts by the Federal Reserve this year to two after data on Friday showing the U.S. economy created… https://t.co/kVpwsfc1nn
US bond manager PIMCO sees Fed rate cuts midyear, but gradual easing https://t.co/OYU1SkqFhL https://t.co/GKRC8eY713
U.S. bond manager PIMCO sees Fed rate cuts midyear, but gradual easing https://t.co/C7JVbJh13x
⚠️ US BOND MANAGER PIMCO SEES FED RATE CUTS MIDYEAR, BUT GRADUAL EASING Full Story → https://t.co/PijNomSujb The Federal Reserve is likely to start cutting interest rates midyear but the easing cycle will be more gradual in the United States than in other developed markets,… https://t.co/Bi2VRKfgnj
🔴 PIMCO SAYS IT EXPECTS FED TO START NORMALISING POLICY AT MIDYEAR, BUT RATE CUTS ARE MORE GRADUAL THAN THOSE OF OTHER CENTRAL BANKS.