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


This post Aggressive rate hikes risk cracking US economy, says gross FT was original published at “https://www.bloombergquint.com/global-economics/aggressive-rate-hikes-risk-cracking-u-s-economy-gross-tells-ft”

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