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Mohamed El-Erian: Fed Will Punt on the Economy, Inflation and Asset Prices


Chair Jerome Powell must deal with growing dissension within his ranks and intensifying expectations for cutting back on bond purchases. With few expecting the Federal Reserve to begin tapering when it announces the outcome of its latest policy deliberations on Wednesday, the focus of economists and market participants will be not only on hints

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Posted: July 27, 2021 Tuesday 05:30 AM