{"id":1962552,"date":"2023-07-02T07:05:02","date_gmt":"2023-07-02T11:05:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pimco-cio-says-preparing-for-harder-landing-for-global-economy-ft\/"},"modified":"2023-07-02T07:06:07","modified_gmt":"2023-07-02T11:06:07","slug":"pimco-cio-says-preparing-for-harder-landing-for-global-economy-ft","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pimco-cio-says-preparing-for-harder-landing-for-global-economy-ft\/","title":{"rendered":"PIMCO CIO predicts tough times ahead for global economy &#8211; FT."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpimco-cio-says-preparing-for-harder-landing-for-global-economy-ft%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1962552&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) \u2013 Pacific Investment Management Co (PIMCO) is preparing for a \u201charder landing\u201d while <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pimco-cio-says-preparing-for-harder-landing-for-global-economy-ft\/\" title=\"PIMCO CIO predicts tough times ahead for global economy - FT.\">top central bank chiefs prepare<\/a> to continue their campaign of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dollar-pares-gains-as-odds-of-100-bps-fed-rate-hike-drop\/\" title=\"Dollar pares gains as odds of 100 bps Fed rate hike drop\">interest rate rises<\/a>, according to Daniel Ivascyn, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-plans-to-unveil-advisory-warning-for-americans-doing-business-with-deteriorating-hong-kong\/\" title=\"Biden Plans To Unveil \u2018Advisory\u2019 Warning For Americans Doing Business With \u2018Deteriorating\u2019 Hong Kong\">chief investment officer<\/a> at the U.S. bond giant. In an interview published on Sunday, Ivascyn told the Financial Times that the market is &#8220;too confident in the quality of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/take-five-a-central-bank-bonanza\/\" title=\"Take Five: A central bank bonanza\">central bank decisions<\/a>&#8220;. He emphasized that the more tightening that occurs, the greater the uncertainty and risk to the economy.<\/p>\n<blockquote>\n<p>&#8220;The more tightening that people feel motivated to do, the more uncertainty around these lags and the greater risk to more extreme economic outlooks,&#8221; Ivascyn told the FT, noting that when rates have risen in the past, a lag of five or six quarters for the impact to be felt has been &#8220;the norm&#8221;.<\/p>\n<\/blockquote>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>(Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Muralikumar Anantharaman)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/pimco-cio-says-preparing\/attachment\/file-photo-the-offices-of-pimco-are-shown-in-newport\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Heading into 2024, Voters Express Concerns About Economy Under Biden<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Efforts to Remove Inappropriate Books from Public Library<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Actor Jim Caviezel Discusses Role in &#8220;Sound of Freedom&#8221;<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>President Trump to Celebrate Independence Day in Pickens, South Carolina<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Pay and Benefits Details of Dublin Airport Staff Compromised<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Cboe Refiles Application to Launch Exchange<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Google Hires Former Brazilian President to Lobby for Internet Regulation<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>Apple&#8217;s Stock Market Value Surpasses $3 Trillion<\/h2>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>do, the more concerned we become about the potential for a harder landing,\u201d said Daniel Ivascyn, CIO of PIMCO. As central banks push for interest rate hikes, the bond giant is bracing for a challenging economic situation.<\/p>\n","protected":false},"author":66,"featured_media":1962553,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1962552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1962552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1962552"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1962552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1962553"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1962552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1962552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1962552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}