El-Erian: Fed Stimulus Would Help Housing

Aug. 28 (Bloomberg) -- Mohamed El-Erian, chief executive officer and co-chief investment officer of Pacific Investment Management Co., talks about the outlook for Federal Reserve policy and the U.S. housing market. El-Erian also talks about the outlook for China's economy. He speaks with Betty Liu and Dominic Chu on Bloomberg Television's "In the Loop." (Source: Bloomberg)