Marketplace

“The Fed is still behind the curve”

12.20.2022 - By MarketplacePlay

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Prominent economist Mohamed El-Erian was among the early critics of the Federal Reserve for its failure to raise interest rates in 2021. Today, he joins the program to discuss where he thinks the Fed should go from here, what it’ll take to regain credibility and how realistic the 2% inflation target is. Plus, a potential consumer spending pullback, a look at electric vehicle subsidies and a trip to a particularly festive block in Baltimore.

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