Why Mohamed El-Erian says the Fed needs to provide more clarity | Metals Mine

  • Why Mohamed El-Erian says the Fed needs to provide more clarity

    From youtube.com/yahoofinance

    The Federal Reserve cut interest rates by 25 basis points at the central bank's September meeting. Economist Mohamed El-Erian, president of Queens College Cambridge, former chair of President Obama's Global Development Council, and former deputy director of the International Monetary Fund (IMF), outlines two things the Fed needs to clarify in order to successfully function as a "policy anchor" for the US economy. Check out Yahoo Finance's full interview with Mohamed El-Erian.
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Schultz
Sep 22, 2025 12:16am — Edited
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Mohamed is clearly lying and hopes that none of his listeners have a memory. If in fact he can remember back that far he will remember Chairman Dr Greenspan. Greenspan could talk for half an hour and say absolutely nothing it was so ambiguous. It was priceless precious to behold. Volcker was similarly confusing, a beautiful thing.

It was called Fedspeak.

Fedspeak - Wikipedia

The members of the Board of Governors and the Reserve Bank presidents foresee an implicit strengthening of activity after the current rebalancing is over, although the central tendency of their individual forecasts for real GDP still shows a substantial slowdown, on balance, for the year as a whole.
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