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July 11, 2012

There Is A Negative Twist To The Fed's Twist - PIMCO's Gross

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All of the previsions which the Federal Reserve has embarked on since the beginning of the global financial crisis are not helping the economy as planned due mainly to the negative impact of the near-zero interest rate, said Bill Gross, PIMCO founder and co-chief investment officer in an interview... FF News: Fundamental

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