Bill Gross Urges Federal Reserve to Halt Tightening and Slash Rates to Avert Recession Bill Gross, the renowned co-founder and former chief investment officer of Pacific Investment Management Co., has advised the Federal Reserve to immediately cease its balance sheet reduction and start cutting interest rates within the next six to 12 months. Speaking on Bloomberg Television, Gross criticized the Fed’s current approach of quantitative tightening as inappropriate under the present economic conditions. He strongly believes that changing this policy and lowering interest rates soon is crucial to prevent a looming recession. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation No Match for Casino Wins: U.S. Gaming Industry Sees Historic Highs in 2023 READ MORE ALERT: Does This Map Signal the Beginning of Nuclear Conflict? READ MORE Fed Poised for Rate Cut Shift: Economic Boost or Cautious Approach? READ MORE Yen keeps markets on edge, data points to BOJ intervention READ MORE No Immediate Rate Cuts: Fed Takes Cautious Stance on Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment