A ‘Fed Pause’ in Hiking Rates Would Be a Big Policy Mistake: El-Erian
The Fed making “stop-go” moves in raising interest rates would be a major policy error, economist Mohamed El-Erian told Bloomberg. The notion of a “Fed pause” has gained footing among equity investors in recent weeks. The best investors can hope for is a “soft-ish” landing for the US economy, he said. Loading Something is loading. […]