Some headlines crossing the wires
(Bloomberg)
- PIMCO: Baseline view China GDP up 5.5%-6.5% next 4 quarters
- Sees a deposit rate cut, yuan devaluation
- China has become a tailwind, not a headwind
- Sees further easing of monetary conditions across Asia
-
Nothing further at this stage, just those headlines
Earlier headlines from PIMCO ... just a few hours ago:
- PIMCO's Kiesel: Fed would have to slam brakes if inflation picks up
- PIMCO's Kiesel: Base case is Fed will raise rates in December