✉news BusinessBanking first seen 22 h ago, last 20 h ago, peak #24
PIMCO Expects Fed Rate Hike in September
Original: PIMCO: Fed Rate Hike in September and Future Outlook
Asset manager PIMCO says it expects the US Federal Reserve to raise interest rates in September and has laid out its outlook for policy beyond that. The firm's forecast is drawing attention as markets weigh how much further the Fed will go to curb inflation, with investors adjusting bond and equity positions ahead of the upcoming meeting.
Why now: Investors are closely watching rate expectations ahead of the Fed's September meeting.
Rank over time, top of the chart is #1. 2 snapshots from 22 h ago to 20 h ago.
Evidence
- PIMCO: Fed Rate Hike in September and Future Outlook · Funds Society
API: https://socialmediatrends-api.osmike.com/v1/trends/1584833