Fed Likely to Push Zero-Rate to 2015, El-Erian Says: Tom Keene

Fed Likely to Push Zero-Rate to 2015, El-Erian Says: Tom Keene

T.J. Kirkpatrick/Bloomberg

“We suspect that the most likely outcome will be a change in the forward guidance language to go well into 2015,” Mohamed El- Erian, the chief executive officer of the world’s largest manager of bond funds, said in a “Bloomberg Surveillance” radio interview.