Gross Calls for Two Fed Hikes at Double the Pace Seen by Market

Updated on
  • Janus fund manager recommends move at September meeting
  • Markets see 36% odds of action this month, 60% by year-end

Bill Gross: U.S. Needs Some Keynesian Fiscal Stimulus

Bill Gross is recommending the Federal Reserve raise interest rates twice by as early as March. The market doesn’t expect that degree of monetary tightening even by the end of 2017.

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