Mohamed El-Erian on Whether Economy Can Handle Seven Fed Rate Hikes…Seven Hikes? Fast-Rising Wages Could Cause the Fed To Raise Interest Rates Even Higher This Year

Mohamed El-Erian on Whether Economy Can Handle Seven Fed Rate Hikes

Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, joins CNBC’s ‘Squawk Box’ to discuss the Federal Reserve’s interest rate policy, inflation and more.

Seven Hikes? Fast-Rising Wages Could Cause the Fed To Raise Interest Rates Even Higher This Year

Too much of a good thing, in the form of rapidly rising wages, is expected to push Federal Reserve interest rate hikes at an even faster pace.