El-Erian Says Fed Should 'Go for 50' Basis-Point Hike at Next Meeting

El-Erian Says Fed Should 'Go for 50' Basis-Point Hike at Next Meeting

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For your information, you can find below the description of the video El-Erian Says Fed Should 'Go for 50' Basis-Point Hike at Next Meeting published by the Youtube channel Bloomberg Markets and Finance:

Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says  the Federal Reserve should raise its benchmark interest rate by 0.50% at it's upcoming policy meeting. "I'd rather get the tightening out of the way now than when the economy weakens -- I'd go for 50," he says on "Bloomberg The Open."

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