Canadian Investment Review

Don’t Worry About Inflation: Bill Gross

Written by Caroline Cakebread on Tuesday, March 2nd, 2010 at 10:54 am

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.

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