Gross reacts to Bernanke’s speech
Federal Reserve Chairman Ben Bernanke told the National Press Club on Thursday that despite recent improvement in the U.S. economy, the recovery still needs help from the Fed.
Source: CNBC, February 3, 2011.
After listening to Bernanke’s speech, PIMCO’s Bill Gross said: “I’m confident that the Fed is not going to raise interest rates.”
Source: CNBC, February 3, 2010.
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