Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist
Post Views: 326 Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think the time has passed for a soft landing,” the economist stressed. Economist Mohamed El-Erian discussed where the U.S….