Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Pimco’s Gross Sees More Focus on Inflation by Fed Under Yellen

Don't Miss Out —
Follow us on:

Sept. 19 (Bloomberg) -- Bill Gross, manager of the world’s biggest bond mutual fund, said the U.S. Federal Reserve will emphasize meeting inflation targets if Janet Yellen becomes chairman.

“The Federal Reserve, certainly, if Yellen is appointed as the chairperson will become increasingly focused on inflation,” Gross, co-founder of Newport Beach, California-based Pacific Investment Management Co., said today during a Bloomberg Television interview with Trish Regan and Adam Johnson. The focus on getting the inflation rate higher would support low yields for shorter-term Treasuries, he said.

To contact the reporter on this story: Alexis Leondis in New York at aleondis@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.