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Mohamed El-Erian on the outlook for Federal Reserve policy, the S&P cutting China’s credit rating and the outlook for stocks and the U.S. dollar

Fox Business, Released on 9/21/17

Mohamed El-Erian explains why the Fed intends to make its balance sheet unwinding as unexciting as possible.

Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world’s largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smith Barney/Citigroup in London and before that, he spent 15 years at the International Monetary Fund in Washington, D.C. His book, When Markets Collide: Investment Strategies for the Age of Global Economic Change, was a New York Times and Wall Street Journal bestseller.

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