Pimco Group chief investment officer Dan Ivascyn says global weakness, uncertainty over consumer sentiment and inflation running below target are reasons the Fed will not move this week. Photo: SCMP Pictures
new | Pimco says Fed unlikely to raise rates this week
Asset manager believes rate increase will come before the end of the year, but not in September
Pimco Group chief investment officer Dan Ivascyn says global weakness, uncertainty over consumer sentiment and inflation running below target are reasons the Fed will not move this week. Photo: SCMP Pictures
