Home Business Aggressive Rate Hikes Risk Cracking US Economy, Gross Tells FT

Aggressive Rate Hikes Risk Cracking US Economy, Gross Tells FT

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Gross, known in the investment world as the Bond King, has been a critic of low interest rates, saying they’ve discouraged saving and contributed to the craze around meme stocks and NFTs. “All this nonsense”, he told the FT, was because Americans were not able to earn decent returns on their retirement funds.

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