• 113
  • 17
  • Favorite

The Fed’s inflation view could drag the economy into recession, El-Erian warns

CNBC2021-06-28

KEY POINTS Fed officials are underestimating inflation and risking another recession, Mohamed El-Erian told CNBC on Monday. “Every day I see evidence of inflation not being transitory, and I have ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment17

  • Venus168
    ·2021-06-29
    u better watch out, u better watch out  'inflation' is coming to town....
    Reply
    Report
  • robot1234
    ·2021-06-29
    As of the end of FY 2020, the US debt was $26.9 trillion. Trump added $6.7 trillion to the debt since Obama's last budget, a 33.1% .  Now PresidentJoe Biden had released his 6 trillion annual budget . Expect inflation, inflation and more inflation with such massive Quantitative Easing
    Reply
    Report
    Fold Replies
    • PearlynCSY
      totally agree with you
      2021-10-05
      Reply
      Report
    • PearlynCSY
      Americans addicted to printing money. In the long term, there's no free lunch
      2021-10-04
      Reply
      Report
  • CGE
    ·2021-06-29
    Like and comment
    Reply
    Report
  • CGE
    ·2021-06-29
    Like and comnent
    Reply
    Report
  • ty91
    ·2021-06-29
    Like please 
    Reply
    Report
  • BlueHi5
    ·2021-06-29
    Oh no
    Reply
    Report
  • Louis82
    ·2021-06-29
    Hi
    Reply
    Report
  • WingZero
    ·2021-06-29
    They never learn.
    Reply
    Report
  • Leia20
    ·2021-06-29
    Sad news
    Reply
    Report
  • leii
    ·2021-06-29
    Ohno
    Reply
    Report
  • FatCatCEO
    ·2021-06-29
    Fed has no choice. Printing $ is the only solution out to save a dying economy. they need $ to restart economy asap
    Reply
    Report
  • Hannee
    ·2021-06-28
    Mean the next step is increase the interest soon! 
    Reply
    Report
  • Catherine912
    ·2021-06-28
    Latest
    Reply
    Report
  • Jim69
    ·2021-06-28
    i guess the fed is doing their job ,,, getting people fed-up
    Reply
    Report
  • MonaMaMa
    ·2021-06-28
    Maybe. But it has steered us and navigate through a pandemic that has plagued the world for 18 months
    Reply
    Report
  • Tyh1
    ·2021-06-28
    [Smile] 
    Reply
    Report
    Fold Replies
  • 咳咳哈哈虎
    ·2021-06-28
    [Happy] [Happy] 
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial