El-Erian Says Fed's 'Zip Code' for Neutral Is 50 Basis-Points Higher

El-Erian Says Fed's 'Zip Code' for Neutral Is 50 Basis-Points Higher

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For your information, you can find below the description of the video El-Erian Says Fed's 'Zip Code' for Neutral Is 50 Basis-Points Higher published by the Youtube channel Bloomberg Markets and Finance:

Mohamed El-Erian, a Bloomberg Opinion contributor, says the "zip code" for the Federal Reserve to achieve its so-called neutral rate will be higher than this week's 75-basis-point interest-rate increase achieved. "My own instinct is that the zip code for neutral is above where we are now -- at least half a percentage point," El-Erian says on "Bloomberg The Open." El-Erian's opinions are his own.