A 'Fed pause' in hiking rates would be a big policy mistake: El-Erian - Markets Insider


5/27/2022 12:00:00 AM2 years 11 months ago
by Carla Mozée

"I think the Fed is going to have to decide between two policy mistakes: hit the brakes too hard and risk a recession or tap the brakes in a stop-go pattern."

The US stock market snapped its longest run of weekly declines in two decades in part as investors latched onto hopes the Federal Reserve may ease up on hiking rates in the face of new economic dat… [+3557 chars]

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