Eco Data Confirms 25 Bps Fed Cut, Pimco’s Wilding Says

Eco Data Confirms 25 Bps Fed Cut, Pimco’s Wilding Says

Tiffany Wilding, economist at Pacific Investment Management Co. (Pimco), points to a “concerning” jump in initial jobless claims and says the Federal Reserve will have a discussion about a 50-basis-point cut at next week’s meeting. (Source: Bloomberg)...

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