UPDATE 1-Bill Gross: Fed tightening now could create self-inflicted instability
September 02, 2015 at 09:15 AM EDT
NEW YORK, Sept 2 (Reuters) - Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, said on Wednesday that U.S. central bankers may have missed their window of opportunity to hike rates earlier this year and doing so now could create "self-inflicted" instability.