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Mohamed El-Erian
Mohamed El-Erian

Shannon Stapleton/Reuters

  • Inflation has a 75% chance of rebounding, according to top economist Mohamed El-Erian.
  • Investors have been cheering a rally in stocks, but optimism around lower inflation may be premature. 
  • El-Erian warned inflation could remain sticky at 4%, and the Fed could spark a recession.

Inflation has a 75% chance of rebounding, and the Fed could end up crushing the economy as it struggles to rein in soaring prices, according to top economist Mohamed El-Erian.

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Markets, MI Exclusive, US economic outlook, Inflation, Recession, fed inflation, Fed rate hikes, interest rates outlook, inflation rebound, high prices, Mohamed El-Erian, sticky inflation, stocks inflation, Stagflation, Federal Reserve, fed tightening
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Inflation has a 75% chance of rebounding or staying high, and the Fed could cru…