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The Daily Hodl 2020-01-09 15:15:04

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 […]The post Global Investment Giant Pimco Says Central Banks Running Out of Firepower to Beat Next Recession appeared first on The Daily Hodl.

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