PIMCO: Inflation Report Supports Two Fed Rate Cuts This Year
TechFlame
2026-02-13 14:05
TechFlame2026-02-13 14:05
English
TechFlame News, according to Jinshi, Pacific Investment Management Company economist Tiffany Wilding stated that the inflation report is "superficially quite encouraging," with two main positive developments. First, housing prices, which have been rising continuously since the outbreak of the pandemic, are indeed slowing down now. Second, the impact of tariffs is gradually fading. As this trend subsides, the Federal Reserve should be more willing to cut interest rates. Wilding believes that two more rate cuts this year are reasonable.