Group CIO Dan Ivascyn discusses the factors that will likely keep inflation in check over the longer term. For an extended discussion of our outlook for growth and inflation in 2021, as well as the opportunities we see in markets as the global economy recovers, please watch, ”Preparing Portfolios for Recovery and Growth,” with Group CIO Dan Ivascyn. WATCH NOW All investments contain risk and may lose value. This material is intended for informational purposes only. Forecasts, estimates and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. THE NEW NEUTRAL is a trademark of Pacific Investment Management Company LLC in the United States and throughout the world. ©2021, PIMCO LEGAL DISCLAIMER PRIVACY POLICY