Leading US bond manager PIMCO has forecasted that the Federal Reserve will implement rate cuts in the middle of the year, but the easing process will be gradual. This prediction comes amidst growing speculation about the direction of US monetary policy and its impact on the economy.
PIMCO's outlook is based on the belief that the Fed will respond to various economic indicators, including inflation rates and global trade tensions. The bond manager anticipates that the central bank will take a cautious approach to adjusting interest rates in order to support economic growth while also monitoring potential risks.
