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Bill Gross, Mohamed El-Erian: 2016 Fed Rate Hike Still Likely
Monday, May 9, 2016 - 11:16am | 323The Labor Department reported the weakest U.S. payrolls number in seven months in April, but some experts believe that a softening labor market may not be enough to deter the Federal Reserve from raising interest rates. Bill Gross, who runs the Janus Global Unconstrained Bond Fund, still believes a...