El-Erian: Fed Can’t Do Much Now to Boost Economy

Despite all the anticipation over today’s Federal Reserve meeting, there’s little else the central bank can do now to help the economy recover, Pimco’s co-CEO Mohamed El-Erian told CNBC. “Fed policy is not enough. You need to do more than that to get off that road,” El-Erian said.

Be the first to comment

Leave a Reply

Your email address will not be published.