In the Tuesday edition of the
Wall Street Journal Fund Track
David Benoit picks up on comments made by Pimco's Bill
on further action the Fed should be taking. Gross, in his investment outlook posted on
Pimco's Web site
, said the Federal
Reserve should act as a clearing house. In addition, he said the Fed must make outright purchases of commercial paper and cut interest rates to 1 percent.
to view Gross' commentary in full.
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