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 ZeroHedge: Physical Silver Buyers Gatecrash COMEX Vaults READ MORE Housing Costs Defy Inflation Trends, Challenging Federal Reserve's Targets READ MORE Former Treasury Secretary Calls for Scrapping 20-Year Bond READ MORE Gold's Price Could Soar to $2,600, Predicts Top Market Analyst READ MORE Gold & Silver Mining Stocks Exposed: Long-Term Reality Revealed READ MORE Add a Comment Cancel replyYour email address will not be published.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