El-Erian Says Fed Has Lost Credibility On Inflation: 'I'm Really Worried About It'
Bloomberg, Released on 3/22/22
Mohamed El-Erian says the Federal Reserve is being forced into a choice between risking recession or prolonging inflation.
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.
El-Erian Says Fed Has Lost Credibility On Inflation: 'I'm Really Worried About It' added by Herman James on 03/23/2022View all posts by Herman James ?+'