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3232Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy
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Sun, 19 Feb 2023 03:30:18 +0000https://www.digit.info/2023/02/19/economist-warns-the-fed-cant-reach-inflation-target-without-crushing-us-economy/Read more]]>Economist Mohamed El-Erian, Allianz’s chief economic advisor and chair of Gramercy Funds Management, has warned that the Federal Reserve cannot achieve its 2% inflation target without crushing the U.S. economy. “You need a higher stable inflation rate. Call it 3% to 4%,” the economist suggested. The Fed Could Crush US Economy, Economist Warns Economist Mohamed […]
Economist Mohamed El-Erian, Allianz’s chief economic advisor and chair of Gramercy Funds Management, has warned that the Federal Reserve cannot achieve its 2% inflation target without crushing the U.S. economy. “You need a higher stable inflation rate. Call it 3% to 4%,” the economist suggested. The Fed Could Crush US Economy, Economist Warns Economist Mohamed […]