Wallstreetcn
2024.09.18 22:59

News

Pacific Investment Management Company (PIMCO) economist Tiffany Wilding: The Federal Reserve announced a 50 basis point rate cut on September 18, indicating that policymakers are hoping for a faster normalization of policy than in the past. We believe that the Fed will cut rates by 25 basis points at future meetings. Fed actions still depend on data, and if the US economic situation deteriorates rapidly, rate cuts may occur more quickly