William Gross of Pimco expects the [tag-cat]Federal Reserve[/ tag-cat]to cut rates by 25 basis points, but thinks more than that is needed. He says the best place to invest is overseas due to the weak dollar. Jon Hilsenrath has the interview.
Tags: Federal Open Market Committee - FOMC, Federal Reserve, Mortgage News, Mortgage Video, Subprime Mortgage Industry, Todays Economy
