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Getbig Main Boards => Politics and Political Issues Board => Topic started by: IroNat on October 28, 2022, 01:27:56 AM
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The Fed is slammed with a 'trilemma' of problems and will slow rate hikes to prevent something breaking in the financial system, Mohamed El-Erian says
https://www.msn.com/en-us/money/savingandinvesting/the-fed-is-slammed-with-a-trilemma-of-problems-and-will-slow-rate-hikes-to-prevent-something-breaking-in-the-financial-system-mohamed-el-erian-says/ar-AA13lQ8D#image=AA13m6oE|2
While the Fed scrambles to steer the economy into safety, El-Erian cautioned investors to take the recent gain in stocks with a grain of salt, noting inflation remains high, financial stability concerns persist, and economic growth fears linger.