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    HomeNewsOpinionMohamed El-Erian writes: Next year’s unpleasant choices confronting the Fed

    Mohamed El-Erian writes: Next year’s unpleasant choices confronting the Fed

    The Fed is still playing catch-up to tame rising prices after its protracted gross mischaracterisation last year of inflation as “transitory” and its initially timid steps to withdraw monetary stimulus.

    Financial Times
    ©The Financial Times Limited 2020 Dec 12, 2022 / 12:26 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    US Federal Reserve. (File image)
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