Mohamed El-Erian warns the Fed will cause 'collateral damage' with its sluggish response to high inflation

Business Insider
Aug 8, 2022, 7:31 am787 ptsInteresting
Top economist Mohamed El-Erian warned that the Federal Reserve could undermine its own credibility with its slow response to soaring inflation. REUTERS/Shannon Stapleton Top economist Mohamed El-Erian has warned that the Federal Reserve is undermining its credibility. He believes that the Fed's sluggish…

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