The Fed must do two items to re-set up trustworthiness, Allianz’s El-Erian says

Important Details

Fed Chairman Jerome Powell struck a hawkish tone during his speech at the Jackson Hole financial symposium previous week.
El-Erian gave the Fed credit for developing a obvious and regular message, but explained it would need to do two extra matters in order to give its forward assistance credibility from right here on out.

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Finance

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Finance

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Finance

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