8.9 C
New York
Sunday, November 17, 2024

Mohamed El-Erian warns the Fed has lost most of its credibility – and says markets are pricing in more ‘collateral damage’

The Federal Reserve has lost most of its credibility, leaving the US at risk of considerable economic pain, according to Mohamed El-Erian. The economist warned on Wednesday that the Fed’s failure to tame inflation this year meant that markets were no longer confident that a US recession could be …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,487FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x