Pimco Says Fed Policy `Not That Effective' at This Stage

The video discusses potential rate cuts and their implications, focusing on the G20 meeting's impact on market expectations. It explores how trade talks could influence market relief and delay rate cuts. The discussion also covers the US administration's role in affecting Treasury premiums and the debate over the nature of the easing cycle. The effectiveness of current policies is questioned, and the potential role of fiscal policy in supporting economic growth is considered.

What challenges does Powell face in the upcoming meeting as per the discussion?

In what ways might fiscal policy come to the rescue, as discussed in the text?