Watch CBS News

El-Erian says Fed has "no good policy options" on interest rates

Name: El-Erian says Fed has "no good policy options" on interest rates
Uploaded: 2022-03-13T11:11:02-0400
Duration: 6 min 8 s
Description: Mohamed El-Erian, the chief economic adviser for Allianz, says the Federal Reserve can either raise interest rates and risk a recession, or allow inflation to continue to rise.

Mohamed El-Erian, the chief economic adviser for Allianz, says the Federal Reserve can either raise interest rates and risk a recession, or allow inflation to continue to rise.