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El-Erian Sees a 55% Probability of a US Soft Landing

DeFi Daily News by DeFi Daily News
October 4, 2024
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El-Erian Sees a 55% Probability of a US Soft Landing
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Mohamed El-Erian, Queens’ College Cambridge president and Bloomberg Opinion columnist, reacts to the September US employment report and what it means for the Federal Reserve. Speaking on “Bloomberg Surveillance,” El-Erian also says there is a risk inflation will settle toward the higher end of the 2.5%-3% range. El-Erian’s opinions are his own.

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Tags: Annmarie HordernEconomyElErianemploymentfedFederal ReserveHiringInflationinterest ratesjobsjobs reportJonathan FerroLaborLandingLisa AbramowiczMohamed El-ErianPayrollsprobabilityratesSeesSoftU.S. nonfarm payrolls (jobs report)U.S. unemployment rateunemployment
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