The Fed cannot step in to provide stimulus this time, says Mohamed El-Erian

CNBC, Released on 11/9/22

Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, joins CNBC’s ‘Squawk Box’ to discuss Binance’s planned acquisition of crypto exchange FTX, what the midterm election results mean for the economy, and more.

Fed's Kashkari: "There's a lot of talk in the public about will we raise rates by 50 basis points, 75 basis points? Those are certainly going to be on the table, but could it something beyond that? It's possible too."

— Pedro da Costa (@pdacosta) November 10, 2022