El-Erian: Fed Can and Will Act, But More Is Needed

Sept. 7 (Bloomberg) -- Mohamed El- Erian, chief executive officer of Pacific Investment Management Co., talks with Bloomberg's Betty Liu about the monthly jobs report for August and what it means for Federal Reserve action. He speaks on Bloomberg Television's "In the Loop."
Wages Flat Despite Hiring Growth
06:31 - Bloomberg's Mark Crumpton and Scarlet Fu report on today's top news stories. (Source: Bloomberg)
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