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Re: jonnytrade post# 24405

Wednesday, 08/19/2015 12:19:40 PM

Wednesday, August 19, 2015 12:19:40 PM

Post# of 37920
Perspective - BILL GROSS

FYI FWIW

BILL GROSS: The Fed will hike rates in September
JENNIFER ABLAN, REUTERS, Aug. 19, 2015, 10:58 AM
http://www.businessinsider.com/r-bill-gross-fed-will-hike-rates-in-sept-as-financial-conditions-a-priority-2015-8

Federal Reserve will hike rates in September as financial market conditions take precedence over economic conditions.

Bill Gross Says the Fed Will Raise Rates in September
Mary Childs Jul 30, 2015
http://www.bloomberg.com/news/articles/2015-07-30/gross-sees-fed-raising-rates-in-september-to-fight-distortions

Bill Gross said the Federal Reserve will raise interest rates in September, because the central bank increasingly realizes that loose monetary policy isn’t helping the global economy.
... zero percent interest rates ... are part of the problem.”

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