Pimco's El-Erian: Fed should have tapered (a little)

Mohamed El-Erian, CEO and co-CIO at Pimco, tells FinanceAsia that the Fed should have put a modest tapering programme on the table this month.
Mohamed El-Erian, Pimco
Mohamed El-Erian, Pimco

Mohamed El-Erian, chief executive and co-chief investment officer of Pimco, which has $1.97 trillion of assets under management, will appear in FinanceAsia magazine's October magazine. Here we give a taste of what he had to say in this exclusive interview. 

FinanceAsia Was the US Federal Reserve right to delay the taper in September
Mohamed El-Erian “The decision to delay tapering Fed asset purchases is indicative of how hard it is to make monetary policy with so much uncertainty and the changing of the leadership there. If I had been in Ben Bernanke’s shoes with the information that Pimco has and understanding that the Fed has...

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