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
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
