Mohamed El-Erian says Fed should keep focus on inflation even with economy ‘weakening really fast’
Added 2022-07-29 22:59:13 +0000 UTCAccording to Mohamed El-Erian, the Federal Reserve should not allow signs of a recession or a macro economic slow-down, distract from its fight against inflation. His final message was that the worst outcome could be that the Fed goes soft on inflation because of the economic slow-down and next year we wake up in a recession along with heavy inflation.
