Apr 7th, 2023
El-Erian Says Jobs Data Raises Probability of 25Bps Fed Move in May
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the stronger-than-anticipated US jobs report increases the probability of a Federal Reserve interest-rate hike in May. "The CPI number is going to be important, but given this, this does not justify a pause," he says on "Blomberg Surveillance."
