PIMCO: The Federal Reserve (FED) still points to a rate cut starting in September.

Jin10 data reported on May 8, Pacific Investment Management Company economist Tiffany Wilding stated that the wait-and-see attitude and the risks of rising inflation and unemployment rates mean that the Federal Reserve (FED) will continue to monitor the upcoming data before adjusting interest rates. However, she added that due to the rising unemployment rate, long-term inflation expectations remain relatively stable, and the Federal Reserve (FED) may start cutting interest rates in September and continue into next year.

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