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Webmaster Forum - Search Engine, Web Design, Web Development, Link Exchange Forum » The Lounge » News » Business News » Pimco's Gross: Housing to dominate Fed for years (Reuters)

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Default Pimco's Gross: Housing to dominate Fed for years (Reuters)


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Reuters - Bill Gross, manager of the world's largest bond fund, on Monday said that the subprime mortgage crisis will dominate Federal Reserve policy "over the next several years" and believes short-term U.S. interest rates could fall to 3-3/4 percent over the next six to 12 months.






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