enhance

With the US Federal Reserve considered likely to nudge interest rates up again, global bond manager PIMCO has said that it would be better off widening the range in which it tries to manage cyclical inflation to have greater flexibility in handling secular, or long-term, inflation.

With the US Federal Reserve considered likely to nudge interest rates up again, global bond manager PIMCO has said that it would be better off widening the range in which it tries to manage cyclical inflation to have greater flexibility in handling secular, or long-term, inflation.