PIMCO's COO Calls For Fiscal Action to Boost the Economy

PIMCO COO DOUG HODGE TELLS FOX BUSINESS THAT "WE'RE IN FOR A SLOW PERIOD OF BALANCE SHEET REHABILITATION"

PIMCO Chief Operating Officer Doug Hodge spoke with FOX Business Network's (FBN) Cheryl Casone about the current state of the economy and what's ahead for the markets. Hodge said that while monetary policy is necessary, it isn't "sufficient." He went on to say that "we're in for a slow period . . .

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