Trouble with the Fed two decades in the making
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Trouble with the Fed two decades in the making

2024-08-22
In late July the Federal Reserve decided against lowering interest rates despite signals that the economy was cooling. Their inaction heightened concerns Mohamed El-Erian, an economist and an investor, has had about the Fed and central bankers for nearly two decades. In this show, El-Erian highlights the problems he recognised in the financial system back in 2007 and why they're still haunting decision making now. El-Erian is the award-winning author of When Markets Collide. It won the FT Business Book of the Year in...
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