Bloomberg, Released on 10/1/21

Bloomberg Opinion columnist and Queens’ College President Mohamed El-Erian says the Federal Reserve is running out of time to orderly pull back on its $120 billion monthly bond purchases. He speaks to Jonathan Ferro on “Bloomberg The Open.”

Part 1 (part 2 below)

Bloomberg Opinion columnist and Queens’ College President Mohamed El-Erian talks about the risks of rising inflation to global markets. He speaks to Jonathan Ferro on “Bloomberg The Open.”

Part 2

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 latest book is The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

  bonds, federal reserve, inflation, stagflation, stocks, taper, us economy