NEW YORK: Famed bond investor Bill Gross on Monday warned that deflation remained a growing possibility despite aggressive monetary policies by central banks around the world.
In his second investment outlook letter since joining Janus Capital Group Inc, Gross said history showed that economies experience periods of inflation and deflation, and both "are the enemies of stability and growth."
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
