Allianz’s chief economic adviser, Mohamed El-Erian, said on Tuesday that as the US economy continues to recover from the new crown epidemic, it’s time for the Fed to “wait and see”.
Erian said: "The Fed has done a lot of work, and now it is time to wait and see the changes and let the economy recover on its own. Anything to be done will be at the expense of future growth and financial stability."
The Federal Reserve’s interest rate meeting on Wednesday will be the first time since December last year that it has released a “bitmap” to provide forecasts of the US economy and interest rates.
Erian does not expect the Fed to take more extreme measures to boost the economy, but some economists expect the Fed to express interest in yield curve control, or even suggest interest in negative interest rates.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
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