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Benzinga
Benzinga
Business
Namrata Sen

Mohamed El-Erian Slams 'Backward-Looking' Powell, Question's Fed's 2% Inflation Target—'Being Too Late'

The,Concept,Of,U.s.,President,Donald,Trump,And,Federal,Reserve

Noted economist and chief economic adviser at Allianz, Mohamed El-Erian, has voiced his concerns about the Federal Reserve’s approach to inflation, warning that it could be making a big “mistake.”

Fed Needs Rate Cut, Inflation Target Rethink

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