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Experts

Tiffany Wilding

Economist
Ms. Wilding is a managing director and economist based in the Newport Beach office. She leads PIMCO’s Cyclical Forum, crafts the firm’s outlook for the global economy, and analyzes key macro risks for the firm’s Investment Committee. She also co-chairs the firm’s Americas portfolio committee. Prior to joining PIMCO in 2016, she was the head of global interest rate research at Tudor Investment, responsible for recommending trade ideas based on global macro trends. Previously, she was a U.S. interest rate strategist with Morgan Stanley and a Treasury market policy analyst for the Federal Reserve Bank of New York, where she helped structure and implement the central bank’s response to the 2008 financial crisis. She has 17 years of investment and economics/financial markets experience and holds an MBA in quantitative finance from New York University's Stern School of Business. She received an undergraduate degree from Rhodes College.
Economic and Market Commentary

Global economies are normalizing and central banks are cutting rates, we identified four themes investors should focus on as we head into 2025.

Economic and Market Commentary

Recent economic data support the Federal Reserve’s meeting-by-meeting approach to rate cuts.

Cyclical Outlook

The fixed income outlook remains strong across multiple economic scenarios as the U.S. Federal Reserve joins other central banks in cutting interest rates.

Economic and Market Commentary

We believe the Fed is on a path to continue to cut rates over the next several meetings to realign monetary policy with a now more “normal” U.S. economy.

Economic and Market Commentary

The central bank’s latest policy statement and Chair Jerome Powell’s remarks suggest that an initial interest rate cut could come as soon as September.

Economic and Market Commentary

A second straight month of encouraging U.S. core CPI data supports an initial Federal Reserve rate cut as early as September.

Economic and Market Commentary

Good news on U.S. inflation in May did not sway the Federal Reserve to signal interest rate cuts could come sooner.

Economic and Market Commentary

April’s U.S. inflation report likely offers some comfort to Federal Reserve officials, but rate cuts are unlikely until we see a more substantial deceleration in inflation.

Economic and Market Commentary

Despite the reacceleration of inflation and enduring labor market strength, the Fed remains focused on downside risks.

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