El-Erian Predicts Fed Rate Hike at June FOMC Meeting

May 26, 2023 11:38 · 15.4k Views

Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says an "overly data dependent" Federal Reserve will raise its benchmark interest rate at the next policy meeting in June. He speaks on "Bloomberg The Open." El-Erian's opinions are his own.

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