El-Erian: Fed Will Have Unsettling 'Stop-Go-Stop' Phase

Bloomberg, Released on 4/29/22

Mohamed El-Erian, a Bloomberg Opinion columnist, says the Federal Reserve's long-term policy decisions will be "unsettling" for markets and the economy.

Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smith Barney/Citigroup in London and before that, he spent 15 years at the International Monetary Fund in Washington, D.C. His latest book is The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

economy, Fed, inflation, interest rates, markets, stocks

El-Erian: Fed Will Have Unsettling 'Stop-Go-Stop' Phase added by Herman James on 04/30/2022View all posts by Herman James ?+'