Experts
Allison Boxer
Economist
Ms. Boxer is a senior vice president and economist in the New York office, focusing on the U.S. and Canada. She helps craft the firm’s economic and monetary policy outlook and contributes to quarterly economic forums. She is also a member of the research group of PIMCO’s Americas portfolio committee. She has eight years of investment experience and holds an undergraduate degree in economics from Tufts University.
Latest Insights
Slowing Growth, Rising Inflation and the Fed
18 July 2022
PIMCO Economists Allison Boxer and Tiffany Wilding discuss why slowing growth and rising inflation are both concerning and how restrictive we think monetary policy needs to be provide some relief.
Blog
15 December 2021
The Federal Reserve pulls forward rate hike expectations and doubles the pace of tapering in an effort to provide more flexibility to react in 2022.
Blog
16 June 2021
Buoyed by faster growth and higher inflation expectations, the Fed advances rate hikes to 2023 and broaches the topic of tapering.
Blog
12 May 2021
We believe the U.S. is undergoing a large price-level adjustment, not shifting to a persistently higher inflation regime.
Blog
13 December 2022
Falling prices for cars and holiday discounting contributed to softer U.S. inflation, creating more room for the Fed to potentially dial back its hawkish stance.
Blog
03 November 2022
The Federal Reserve’s November statement included dovish language, but Fed Chair Powell warned investors not to expect the Fed to stray from its full focus on fighting inflation.
Blog
05 May 2022
Federal Reserve hikes policy rate 50 basis points, while remaining flexible in fighting inflation.
Blog
13 September 2022
The Federal Reserve may be pressured to target a higher terminal fed funds rate as it seeks to tame U.S. inflation expectations following strong price rises in August.
Blog
22 September 2022
The Federal Reserve released new economic projections suggesting interest rate hikes will be faster and larger than previously forecast.
Blog
13 October 2022
Core inflation in the U.S. outpaced expectations for September and may fortify the Federal Reserve’s hawkish resolve.
Blog
10 August 2022
Despite price declines in many sectors, the Federal Reserve may continue its hawkish approach.
Blog
29 August 2022
In Jackson Hole, Federal Reserve officials unequivocally emphasized their commitment to bringing inflation under control – even as the U.S. economy slows.
Blog
27 January 2022
At the January 2022 meeting, the U.S. Federal Reserve signaled an accelerated timetable to normalize policy, but it will be a long process amid an uncertain environment.
Blog
13 January 2022
The strong inflation report combined with employment data will likely prompt the U.S. Federal Reserve to begin hiking its policy rate in March.
Blog
15 June 2022
The Federal Reserve ratchets up the pace of monetary tightening, raising questions about the U.S. growth outlook.
Blog
02 June 2022
The Biden administration faces rampant inflation in the U.S. but has limited tools to stem the rise in gas and grocery prices.
Blog
26 July 2022
Renewed growth in China’s manufacturing activity, coupled with softening developed market demand, should ease some supply-side pressures – but several other inflation risks remain prevalent.
Blog
28 July 2022
The Federal Reserve affirmed its commitment to price stability, hiking its policy rate 75 basis points again and signaling more tightening to come.
Blog
13 July 2022
June’s U.S. inflation data will likely force central bankers into more restrictive territory – raising the odds of recession.
Blog
28 April 2022
The Bank of Canada embarked on a swift tightening path, but secular forces still weigh on the longer-run interest rate outlook.
Viewpoints
21 April 2021
In this Q&A, we assess investors’ inflation concerns and outline reasons that near-term price adjustments are unlikely to lead to longer-term inflation.
Viewpoints
22 November 2021
PIMCO’s Digital Asset Working Group offers an educational Q&A on issues related to cryptocurrency.
Blog
23 March 2023
Slower credit growth may curtail broader U.S. economic growth, taking pressure off the Federal Reserve.
Blog
14 February 2023
U.S. inflation may not be moderating as quickly as many were expecting.
Blog
01 February 2023
Investors face mixed signals between the Federal Reserve’s policy guidance and recent economic developments.
Blog
27 August 2020
Fed officials seek higher inflation but need help from fiscal policymakers.
Blog
18 September 2020
The lack of market reaction suggests that many investors are not convinced that the Fed’s new guidance represents any material shift in policy.
Blog
03 November 2021
The Federal Reserve navigated its tapering announcement without much market volatility, but faces the challenge of managing rate expectations amid elevated inflation risks.
Blog
05 March 2021
One year since the inception of one of the most severe recessions in modern history, women’s engagement in the labor force is crucial to the economic recovery.
Blog
08 January 2021
With a narrowly Democratic Congress, U.S. fiscal spending is likely to increase on economic relief from the pandemic, infrastructure, and healthcare, boosting the economic rebound.
Viewpoints
19 October 2022
Cyclical and structural differences between the Canadian and U.S. economies suggest monetary policy may differ as well.
Blog
16 March 2022
The U.S. Federal Reserve raised the policy rate at the March meeting and signaled more hikes to come given the risks from high inflation.