Interview with PIMCO boss Bill Gross yesterday on Bloomberg – he is not worried about inflation risk and sees a core inflation rate approaching to zero over the next 12 months. Excess capacity in employment and industrial production means lower rates of inflation going forward.
Don’t Worry About Inflation: Bill Gross
Excess capacity in employment and industrial production means lower rates of inflation going forward.
- By: Caroline Cakebread
- March 2, 2010 September 13, 2019
- 10:54