PIMCO: The Federal Reserve is expected to cut interest rates by 50 basis points once this year
Pacific Investment Management Company (PIMCO) expects the Federal Reserve to cut interest rates by another 50 basis points later this year. They believe the Federal Reserve is facing a challenging environment, with rising inflation and the risk of economic slowdown posing conflicting effects on the bank's goal of achieving "price stability and full employment."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Screen Actors Guild Files Charges Against Epic Games Subsidiary Over AI Darth Vader
South Korean Actor Hwang Jung-eum Faces Backlash for Embezzling $3 Million to Buy Crypto
Nasdaq-Listed DigiAsia Plans to Raise $100M for Bitcoin Buys
Bitcoin Hits $105K; More Growth Expected

Trending news
MoreCrypto prices
More








