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PIMCO: The Federal Reserve is expected to cut interest rates by 50 basis points once this year

PIMCO: The Federal Reserve is expected to cut interest rates by 50 basis points once this year

CointimeCointime2025/04/01 16:33
By:Cointime

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."

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