>tldr: Rate cuts by the Federal Reserve would be “counter-productive” and the US central bank may even need to lift borrowing costs as policymakers contend with the fallout of Donald Trump’s war in Iran, Pimco warned.
>tldr: Rate cuts by the Federal Reserve would be “counter-productive” and the US central bank may even need to lift borrowing costs as policymakers contend with the fallout of Donald Trump’s war in Iran, Pimco warned.