PIMCO's Jerome Schneider: See One More Rate Cut This Year

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PIMCO's Jerome Schneider expects one more rate cut this year, despite improving economic growth, citing new challenges for the Fed.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Jerome Schneider, head of short-term portfolio management and funding at PIMCO, says the Fed faces new challenges as economic growth picks up. He tells Romaine Bostick and Katie Greifeld on “The Close” that PIMCO still expects another rate cut later this year, even as growth prospects improve. (Source: Bloomberg)

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Original article published by Bloomberg on January 30, 2026.
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