Fed is losing credibility over its inflation narrative, Mohamed El-Erian says - CNBC

The Federal Reserve is losing credibility over its long-standing view that inflation is transitory, according to Allianz Chief Economic Advisor Mohamed El-Erian. "I think the Fed is losing credibili… [+3231 chars] "We are in this transition of central banks mischaracterizing inflation," Allianz chief economic advisor Mohamed El-Erian said. Read More