Global markets, especially the financial world, are affected by the US Federal Reserve, or as it is known. Fed’s He is focused on his meeting on December 13th. While industry participants were wondering whether the Fed would increase interest rates or not, famous economist Muhammed El-Erian made an important statement on the subject.
BloombergMaking a statement to , El-Erian attracted attention with his comment stating that the Fed will stop increasing interest rates.
If you ask me, the Fed will no longer continue to increase interest rates. Conditions in the financial market began to ease. I believe that the Fed will now prevent the risk of a recession. Therefore, they can keep inflation under control and allow it to be a little higher, but I believe that this rise will be limited.
As we reported as Koinfinans.com Muhammad El-ErianHe stated that he believes that the US Federal Reserve has a significant communication problem with the current financial markets.
I think they have a serious communication problem. Therefore, there is a trust problem and the markets do not trust them. When the markets trust you, it means they shoulder a significant part of the burden. However, the Fed is being quite careless about this issue.