Bill Gross: The Fed's ultimate debate
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Bill Gross: The Fed's ultimate debate

Discussing the rate hike, Pimco's Bill Gross, says it's not just when the Fed will start to raise rates but it's the slope of the increase going forward. Gross says in a highly levered economy, it's more appropriate to approach interest rates at a percentage of what it was historically.
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Fri, Aug 22 20143:19 PM EDT