Recent economic data casts doubt on the anticipated BoE rate hike.

China’s great rebalancing act toward consumption is being reshaped by a growing digital ecosystem.

Diversification and flexibility are key ahead of potentially long period of volatility.

Firming healthcare inflation should support the aggregate core inflation measure despite the more muted trends in core goods.

The March minutes affirmed our view that the bar is relatively high for policymakers to change the current plan for two or three more hikes in 2018.

We expect the direct economic impact of current trade actions to be relatively minor (and dwarfed by the pro-growth measures passed to date), but further escalation of trade tensions could strengthen the economic headwinds.

Could this be the beginning of the end? This is the question we ask in our latest Cyclical Outlook, which summarizes the conclusions from PIMCO’s quarterly Cyclical Forum held earlier this month.

It’s important to view the FOMC’s forecast update within the broader context of a still-low neutral policy rate.

In addition to China’s latest CPI, other signs point to sustained inflation in the country over the next year.

The pending rule is likely to spur greater dialogue around the costs associated with retail municipal bond transactions.

We believe the trade actions with the most significant potential economic and market impact have yet to unfold.