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Fed Should Stop Quantitative Tightening, Reduce Interest Rates Soon, Bill Gross Says

(Bloomberg) -- Bill Gross has some advice for the Federal Reserve: stop winding down its balance sheet now, and start cutting interest rates in coming months to avoid recession.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Hampshire ShutoutStocks Rise as Wall Street Builds on Record Highs: Markets Wrap&#x...
Bloomberg Businessweek Pacific Investment Management Co Bloomberg Television Federal Reserve Pacific Investment Management Show Fed
Source: yahoo.com

Dollar Slumps Ahead of US PCE, Sends Franc to Highest Since 2015

(Bloomberg) -- The dollar came under selling pressure ahead of key US inflation data, on the growing expectation that US interest rates may fall in the coming months. Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitTencent Leads $80 Billion Rout as China Rekindles Crackdown FearHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineGiuliani Files for Bankruptcy After $148 Million Defamation L...
Kristoffer Kjaer Lomholt Roberto Cobo Garcia Bloomberg Businessweek Banco Bilbao Vizcaya Argentaria Vassilis Karamanis Danske Bank
Source: yahoo.com

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