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Home>Bill Gross thinks Fed rate hike 'too little, too late'

Bill Gross thinks Fed rate hike 'too little, too late'

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Wed, 2 Sep 2015

By Carla Mozee, MarketWatch U.S. interest rates should be raised this month, but Federal Reserve policy makers have only made it harder on themselves to finally pull the trigger, according to bond-market heavyweight Bill Gross. Gross also recommends that investors keep plenty of cash or "near cash"
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