Pimco’s Gross Says Fed Will Still Taper After Jobs Report – Bloomberg 09-06-13

Salient to Investors:

Bill Gross at Pimco said the Fed is committed to taper, which will be lite: it will probably reduce its assets purchases by $10 billion and focus on Treasury bonds.

Mohammed El-Erian said there are no great choices for the Fed at this point, and today’s jobs number tells you that we’re still in second gear.

Read the full article at  http://www.bloomberg.com/news/2013-09-06/pimco-s-gross-says-fed-will-taper-despite-jobs-report.html

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