The Fed will be making a big mistake if it skips a rate hike this week, top economist Mohamed El
· 14.06.2023 · 19:34:55 ··· ··· Wednesday ·· 3 (3)
ODDLY FUN Gold still has a path higher as the Fed is unlikely to raise interest rates again - Capitalight's Chantelle Schieven
Investors should brace for the Federal Reserve to potentially make a mistake when its June meeting concludes on Wednesday, according to Mohamed El-Erian.
The top economist warned that "skipping" an interest-rate hike "could potentially be the least desirable" of three options available to the central bank, in a Financial Times op-ed published Monday.
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