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Economist Mohamad El-Erian Says Fed 'Traumatized' By Big Mistake It Made In 2021, Calls For Rate Cut In July
Thursday, June 6, 2024 - 8:25am | 623With the Bank of Canada and the European Central Bank becoming the first two G7 central banks to go ahead with rate cuts, traders’ eyes are now firmly on the U.S. Federal Reserve. According to economist Mohmad El-Erian, it is only right that the U.S. central bank starts cutting rates sooner...