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The market expected the central bank’s decision and reacted well to the news. Here are the conclusions drawn by fund managers’ experts.
The European Central Bank is between a rock and a hard place: it must find the balance between managing rising inflation and downside risks to growth.
After all the interest rate hikes over the past year, what can we expect from this meeting? Industry experts give us their views.
PIMCO anticipates further interest rate hikes in February, even though “visibility beyond the short term remains low”.
The US Federal Reserve is likely to pause rate hikes in 2023. At least three factors will shape the decision on when and at what pace to pause.
The monetary authority has explained that it plans to continue raising rates after this large increase – the highest so far – because “inflation remains too high and is likely to remain above target for an extended period”.
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