PIMCO sees U.S. growth around 2 pct over next 3-5 years

U.S. economic growth will not be “much greater” than 2 percent over the next three to five years, while global inflation will likely pick up, Pimco, the giant bond firm, said on Tuesday in its investment outlook report. Inflation may become “higher and less stable” globally over the next three to…

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PIMCO sees U.S. growth around 2 pct over next 3-5 years