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The Fed will deliver a ‘big shock’ to markets if it tightens monetary policy too slowly, says Mohamed El-Erian

The Fed will deliver a 'big shock' to markets if it tightens monetary policy too slowly, says Mohamed El-Erian

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“[We] don’t have a historical experience where the Fed has been late in tightening and hasn’t sent us into recession,” El-Erian said.

...read full article on Business Insider

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