PIMCO predicts central bank rate cuts as main tool to combat economic downturns

From Yahoo Finance: 2025-06-25 13:56:00

Efforts to combat future economic downturns will likely rely on central banks cutting interest rates, not fiscal support, due to high global public debt. PIMCO predicts increased debt in the US and Europe, limiting governments’ ability to spend during recessions. Bond markets may be fragile, but a debt crisis is not imminent.



Read more at Yahoo Finance: PIMCO sees rate cuts leading next market rescue amid fiscal constraints