El-Erian: This time around, Fed will go forward and hike rates

This is a breaking news story. Last week, Allianz Chief Economic Adviser Mohamed El-Erian said that the new paradigm for financial markets in 2016 is divergence.. "The Fed is going to be easing its foot off the stimulus accelerator the ECB, the Bank of Japan, and the People's Bank of China are going to be pressing harder on the stimulus accelerator....(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1Qp6gxl
via IFTTT