Uncategorized

El-Erian blasts Fed, saying it should have been ‘laser-focused’ on market failures and cut rates later – CNBC

Economist Mohamed El-Erian said Monday the Federal Reserve wasted a large part of its monetary policy arsenal to fight the economic fallout of the coronavirus by doing things backward. “There’s a problem with both what the Fed did and what the Fed did not do…

Post author By Admin
Post date March 16, 2020
No Comments on El-Erian blasts Fed, saying it should have been ‘laser-focused’ on market failures and cut rates later – CNBC

Economist Mohamed El-Erian said Monday the Federal Reserve wasted a large part of its monetary policy arsenal to fight the economic fallout of the coronavirus by doing things backward.
“There’s a problem with both what the Fed did and what the Fed did not do…
Read More

Please follow and like us:

Leave a Reply Cancel reply