Bill Gross, the money manager known as “The Bond King,” misjudged the timing and impact of the Federal Reserve’s plan to scale back its asset purchases in 2013, spurring the Pimco Total Return Fund’s ...
WASHINGTON, Aug 11 (Reuters) - The U.S. Federal Reserve should announce its timeline for beginning to reduce its massive bondholding next month and start tapering them in October, Dallas Federal ...
On balance, we think the overall picture painted by recent data points to an improving economy: the payroll report does not provide a sufficient hurdle to modest Fed tapering. Our base case remains ...
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