El-Erian: Fed Is Losing Credibility Over ‘One of Worst Inflation Calls Ever’

Sharing is Caring!

Bloomberg, Released on 11/12/21

Mohamed El-Erian, a Bloomberg Opinion columnist and chief economic adviser at Allianz SE, says this will go down in history as one of the worst inflation calls ever by the Federal Reserve.

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.

See also  Elon Musk: "It is a serious concern -> The damage done to the credibility of AI by ChatGPT engineers building in political bias is irreparable
See also  LOL: Wall Street Is Losing Out to Amateur Buyers in the Housing Slump

Views: 3

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.