Pimco's economist and managing director, Tiffany Wilding, has recently expressed her view that it might be too early for the Federal Reserve (Fed) to consider lowering interest rates as early as March. She made the comments on January 29, amidst decreasing inflation rates when considering the PCE indicator.
She highlighted that while non-market prices have been promoting relatively optimistic news about personal consumption spending, the Consumer Price Index (CPI) remains on the higher side. This, combined with a surprisingly strong economic performance and the central bank's historical propensity to delay rate cuts, make a rate cut in March a challenging prospect.