Allianz's El-Erian explains market concerns over inflation outlook

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The Fed last Wednesday increased its inflation forecast and indicated two rate hikes in 2023. Fed Chairman Jerome Powell said central bankers were considering tapering their massive Covid-era bond purchases. Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to discuss.

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Allianz's El-Erian explains market concerns over inflation outlook
Allianz's El-Erian explains market concerns over inflation outlook

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