Pimco's Gross: Rate Cut Coming, But Not in October
Story date: 2007-10-16 10:21:00
Added on: 2007-10-16 11:00:21
CNBC - The Federal Reserve will cut interest rates again but probably not at the October policy-making meeting, said Bill Gross, manager of the world's biggest bond fund on Tuesday. The Fed's target rate for federal funds is on a downward track because of ...
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