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Gross Says Fed Accommodative Even With Job Gains: Tom Keene

Pacific Investment Management Co.’s Bill Gross said the Federal Reserve will continue its accommodative monetary policies even with the U.S. economy adding more jobs than forecast last month.

“Whether or not the Fed itself will view 7.9 percent unemployment as all clear signal, I’m sure they won’t,” Gross, manager of the world’s biggest bond fund, said in a radio interview on “Bloomberg Surveillance” with Tom Keene. “You adapt by assuming they’ll continue to be dovish.”