The Daily Hodl: Global Investment Giant Pimco Says Central Banks Running Out of Firepower to Beat Next Recession
Investment professionals at Pimco, a multinational asset management company focusing on active fixed income management, argue that monetary policy easing by central banks, a key strategy for supporting global economic growth in 2020, might not be able to help fight an upcoming recession. Joachim Fels, economic advisor at Pimco, and the firm’s global fixed income […]
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