Tuesday, February 10, 2015

Gross: "The Fed Must Be Careful

Key Excerpt from the article titled, "Fed Must be Careful Raising Interest Rates": 

"Bill Gross, the former manager of the world’s largest bond fund, said the U.S. Federal Reserve must be 'very careful in their moves' and needs to see a nominal growth rate of 4 percent to 5 percent before raising interest rates. "

The Fed should be careful with price fixing interest rates: High or Low.

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