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cover of episode PIMCO's Rich Clarida Talks Fed Path

PIMCO's Rich Clarida Talks Fed Path

2025/6/12
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Bloomberg Talks
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Richard Clarida
前联邦储备系统董事会副主席，现任PIMCO经济顾问和哥伦比亚大学经济学教授。
Topics
Richard Clarida: 我认为美元作为储备货币的地位在未来5到10年内不会丧失，因为没有其他可行的替代方案。但这并不意味着美元的价值会永远上涨，即使是主要的储备货币也可能出现价值下跌的趋势。美元之所以是储备货币，是因为它具有作为价值储存、贸易和金融市场用途以及降低借贷成本的特权。目前我们可能正处于美元对欧元和其他货币贬值的时期。

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Chapters
Discussion on the weakening dollar and the factors contributing to the crisis of confidence. The role of the dollar as a reserve currency and the possibility of alternatives are analyzed, along with the significance of gold as a reserve asset.
  • Weakening dollar against the Euro and Yen.
  • Crisis of confidence in the dollar.
  • Dollar as a reserve currency and its implications.
  • Gold as a reserve asset and its significance.

Shownotes Transcript

Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), offers insight into the firm’s annual secular outlook with a focus on a “fragmenting” world, the long end of the yield curve, and the path forward for the Federal Reserve. He speaks with Bloomberg's Tom Keene and Paul Sweeney

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