US bond manager PIMCO sees Fed rate cuts midyear, but gradual easing | Business Information & News | Westlaw

US bond manager PIMCO sees Fed rate cuts midyear, but gradual easing | Business Information & News | Westlaw

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4/3/24 REUTERS 14:48:18
REUTERS
Copyright (c) 2024 Thomson Reuters
April 3, 2024
US bond manager PIMCO sees Fed rate cuts midyear, but gradual easing
Franklin Paul
Davide Barbuscia
NEW YORK (Reuters) - 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, U.S. bond giant PIMCO said on Wednesday.
PIMCO favors bond...
---- Index References ----
News Subject: (Economic Indicators (1EC19); Economic Policy & Policymakers (1EC69); Economic Statistics (1EC52); Economics & Trade (1EC26); Funding Instruments (1FU41); Inflation (1IN09); Monetary Policy (1MO18); Mortgage-Backed Markets (1MO87); Prices (1PR65); Real Estate Investments (1RE04); Securitization (1SE75))
Industry: (Financial Services (1FI37); Investment Management (1IN34); Securities Investment (1SE57))
Region: (Americas (1AM92); North America (1NO39))
Language: EN
Other Indexing: (PIMCO; Fed)
Keywords: banking
Word Count: 344
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.