Thursday, 13 May 2010

Moneynews

Breaking News from Moneynews.com

Pimco Chief Warns Inflation Will Hit U.S., Europe
Extensive money printing by central banks to buy securities in emergency measures, such as those the European Central Bank recently announced to stabilize euro zone government bond markets, will ultimately stoke inflation, warns Mohamed El-Erian, CEO and co-chief investment officer of bond giant Pimco.
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