El-Erian Warns 'This Inflation Round Is Not Transitory'
Bloomberg, Released on 10/14/21
Mohamed El-Erian, a Bloomberg Opinion columnist, says this round of inflation should be taken seriously and urges the Federal Reserve to move quickly before an inflation problem becomes a growth problem.
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 Warns 'This Inflation Round Is Not Transitory' added by Herman James on 10/14/2021View all posts by Herman James ?+'