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Mohamed El-Erian Sees 2% Inflation Target as ‘Totally Arbitrary’
Posted
May 17, 2024
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1:36:30
2:23Now PlayingMohamed El-Erian, Queens' College Cambridge president and Bloomberg Opinion columnist, says the stubborn parts of inflation are “not very sensitive” to higher interest rates and talks about the potential “mistake” of pursing a 2% inflation target. His opinions are his own.
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