El-Erian says ‘transitory’ was the ‘worst inflation call in the history’ of the Fed
https://www.cnbc.com/2021/12/13/el-e...f-the-fed.htmlCalling inflation “transitory” was a historically bad move for the Fed, according to Allianz Chief Economic Advisor Mohamed El-Erian.
The comments came after the Labor Department reported that the consumer price index rose 6.8% from a year ago in November.
The Fed has a policy meeting this week during which it is expected to act to combat inflation.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks