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Inflation is transitory is ‘the worst call’ in Fed’s history, says El-Erian

Inflation is transitory is 'the worst call' in Fed's history, says El-Erian

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(Kitco News) – The Federal Reserve’s decision to label inflation as ‘transitory’ might be the worst call in the central bank’s history, said Mohamed El-Erian, chief economic adviser at Allianz SE.

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