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Surveillance: Gross Says Job Report Won't Bar Fed Rate Increase

Surveillance: Gross Says Job Report Won't Bar Fed Rate Increase

Bloomberg Surveillance

October 7, 201640m 3s

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Show Notes

Alan Krueger, a professor of economics at Princeton University, says the U.S. economy is seeing encouraging signs of wage growth. Peter Fisher, a senior fellow at Dartmouth's Tuck School of Business, says the Fed has been targeting low-level volatility like it's a third mandate and that's a mistake. Bill Gross, a fund manager at Janus Capital Management, says he sees a stronger dollar in the longer term.

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