Allianz’s El-Erian on what the Fed should do to deal with inflation

CNBC Television published this video item, entitled “Allianz’s El-Erian on what the Fed should do to deal with inflation” – below is their description.

“What worries me is the inflation side,” Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, told CNBC’s “Squawk Box” Tuesday. “What I’m seeing suggests it’s not simply transitory and the last thing we need is the Fed to slam on the breaks further down the road.”

CNBC Television YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

Buy the dips, says Virtus’ Joe Terranova

Biden signs Inflation Reduction Act into law

Investors should be trimming their portfolios now, says Crossmark’s Victoria Fernandez

In This Story: Allianz SE

Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. (FWB: ALV, DAX Component)

2 Recent Items: Allianz SE

Allianz CFO Terzariol on Earnings, Global Economy, Strategy

Mohamed El-Erien: The risk of a recession is high and getting higher

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

1 Recent Items: Inflation

Pakistan fried puri prices soar as inflation takes its toll

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.