China’s Slowing Output Signals More Stimulus

China’s industrial output grew at the slowest pace in three years and President Hu Jintao said economic expansion faces “notable downward pressure,” signaling that officials may need to add further to stimulus after approving subway and road projects.
Bill Gross: Fed Will Raise Interest Rates in September
50:56 - Bill Gross said the Federal Reserve will raise interest rates in September, because the central bank increasingly realizes that loose monetary policy isn’t helping the global economy. Bloomberg's Mary Childs reports on "Bloomberg Markets." (Source: Bloomberg)
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