PIMCO expecting rate cut forward guidance at next week's FOMC meeting

Author: Eamonn Sheridan | Category: Central Banks

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.)

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