The Fed Will Lead Markets Not Follow: Mohamed El-Erian

Ed. Note: This article first appeared in CNBC Expect the Federal Reserve to lead markets rather than follow them, Mohamed El-Erian, chief economic advisor at Allianz, told CNBC on Thursday, a day after the Fed hiked interest rates for the second time in three months. “There is an ongoing transition in Fed policy. This is

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via Blogger The Fed Will Lead Markets, Not Follow: Mohamed El-Erian