PIMCO expecting rate cut forward guidance at next week's FOMC meeting
PIMCO do not expect a June 2019 rate cut, but do expect to see the FOMC discussing the prospects for a cut in July
- if downside risks to economy escalate, 50bp cut in July possible.
via Reuters headlines
(ps. I posted on chatter of a 50bp cut here: BoA analysis suggests 50bp Fed rate cut in July.)