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HomeNewsOpinionFed to keep rates on hold for ‘foreseeable future’, Pimco says

Fed to keep rates on hold for ‘foreseeable future’, Pimco says

US central bank will wait for more details of Trump’s policies before resuming cuts, says bond manager’s investment chief

©The Financial Times Limited 2020 Jan 23, 2025 / 01:34 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
Fed chief Jay Powell said in December that labour market risks had diminished, while inflation was moving “sideways”, meaning the central bank will probably take a “more cautious” approach to rate cuts this year
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