Tags: Bill Gross | Fed | Rate Hike | Financial Conditions

Bill Gross: Fed Will Hike Rates in Sept. as Financial Conditions a Priority

Image: Bill Gross: Fed Will Hike Rates in Sept. as Financial Conditions a Priority
Bill Gross (Getty Images file photo)

Wednesday, 19 Aug 2015 02:09 PM

Bond investing guru Bill Gross of Janus Capital Group Inc. said in a tweet on Wednesday that the U.S. Federal Reserve will hike rates in September as financial market conditions take precedence over economic conditions.

"Rate hike in Sept. Financial conditions not economic conditions a priority. That means they begin to normalize despite data," Gross said.


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Bond investing guru Bill Gross of Janus Capital Group Inc. said in a tweet on Wednesday that the U.S. Federal Reserve will hike rates in September as financial market conditions take precedence over economic conditions.
Bill Gross, Fed, Rate Hike, Financial Conditions
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2015-09-19
Wednesday, 19 Aug 2015 02:09 PM
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