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Monday, September 23, 2024

A ‘trilemma’ of problems has cornered the Fed again — but this time there’s no good way out, Mohamed El-Erian says

The Federal Reserve is once again juggling a complicated “trilemma” of problems — but this time, there’s no good policy move it can make in the fallout from banking turmoil, Mohamed El-Erian has warned. “It’s not just a dilemma of inflation versus growth, it’s a trilemma — inflation, growth and …

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