El-Erian Says Fed Needs Courage to be More Strategic

Bloomberg Television
Bloomberg Television
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Published 2024-08-06
Mohamed El-Erian, President of Queens' College, University of Cambridge and a Bloomberg Opinion columnist, explains how Federal Reserve Chairman Jerome Powell can quickly regain control of the monetary policy narrative without executing an emergency interest rate-cut. Dr. El-Erian speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.

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All Comments (16)
  • @paulbunyan9436
    Alfred: Endure, Master Wayne...Take it...They’ll hate you for it, but that’s the point of Batman...He can be the outcast...He can make the choice that no one else can make, the right choice.”
  • @74achilles
    El Erian talks about market "volatility" about a market that was up 25% last year and 20% through July. That's 45% in 18 months. Then he talks about the Fed making pivots when the Fed rate has been at 5.25% for almost a year now. What the heck is this guy talking about? Does he live in some alternate universe?
  • @user-el3nu7qp1t
    A correction is necessary to allow rate cuts. The market wants rate cuts to prevent a correction. But the market is grossly over valued so I know who wins this one.
  • @SS-pc6qb
    Every one is talking about fed rate cuts instead they should discuss rate cuts and liquidity. This is important as if rate cuts happen with out liquidity injection interest rates will go up eventually.
  • @Jut_tc
    Being data dependent is a reactive measure not proactive. Fire Powell
  • @Jean-Luc-sh2pg
    He wants the inflation target to be moved up soooooo bad
  • @MASTERSECTORIQ
    No im not rate cut till my mortgage is 35 trilillion dallors to my social security fix it then ill close the market again o moving it market
  • @R0M8N
    Increase interest rate