PIMCO’s Gross Sees Fed Funds at 3% by Midyear

January 7, 2008

118

The Federal Reserve will cut lending rates aggressively in the first half of 2008 as the United States faces a possible recession, PIMCO fund manager Bill Gross said in an investment outlook posted on Tuesday.

*For more on this story,

read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

KB Home Posts Steep Loss

Microsemi Buying Defense Electronics Maker

staff-author

PIMCO’s Gross Sees Fed Funds at 3% by Midyear

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Rady First to Offer Disney-Themed MRI Tech

Rivian to Deliver R2 Starting June 9

2026 Family-Owned Business Awards Gallery

Related Articles

Rady First to Offer Disney-Themed MRI Tech

Rivian to Deliver R2 Starting June 9

2026 Family-Owned Business Awards Gallery

Vestand, Formerly Yoshiharu, Faces Delisting from Nasdaq

Harbinger Announces Partnership with American Rheinmetall

Advertise With Us

About Us

Subscriber Links

Other Journals