Mohamed El-Erian, chief financial adviser at Allianz and Bloomberg Opinion columnist, says he “hopes” that the Federal Reserve elects to maintain its present benchmark rate of interest unchanged at its subsequent two coverage conferences. “The market says there’s over a 1/3 likelihood that one of many two conferences is stay. I hope it is not,” he says on “Bloomberg The Open.”
——–
Comply with Bloomberg for enterprise information & evaluation, up-to-the-minute market information, options, profiles and extra: http://www.bloomberg.com
Join with us on…
Twitter: https://twitter.com/enterprise
Fb: https://www.fb.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
Previous ArticleFirst Republic becomes second-largest bank failure in US history
Related Posts
Add A Comment