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 LBMA: 2024 Precious Metals Analysts' Forecasts READ MORE Silver to $50? It Could Happen Sooner than You Think READ MORE U.S. Economy Surges Past Gloomy Forecasts READ MORE Russian Crude Exports Hit Seven-Month Low Amid OPEC+ Compliance READ MORE Market Watches Fed and Inflation Cues as Gold Steadies at $2,300 READ MORE Add a Comment Cancel replyYour email address will not be published.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