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Bill Gross, co-chief investment officer of Pacific Investment Management Co. (PIMCO), reiterated his concern that central bank efforts to spur growth will boost costs in the economy, saying inflation may quicken to 3 percent over the next few years.

Photographer: Andrew Harrer/Bloomberg

Bill Gross, co-chief investment officer of Pacific Investment Management Co. (PIMCO), reiterated his concern that central bank efforts to spur growth will boost costs in the economy, saying inflation may quicken to 3 percent over the next few years.
February 22, 2013
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