Inflation is stuck and the Fed can't lower prices without damaging the economy, top economist Mohamed El-Erian says

Tech Insider : Economy
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Fed chair Jerome Powell is due to speak on Thursday

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Markets are cheering the prospect of rate cuts next year, but it's a double-edged sword

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Federal Reserve Building
In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.

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'It's all clear' on inflation, and the Fed could cut rates as soon as March, Wharton professor Jeremy Siegel says

Tech Insider : Economy
Jeremy Siegel Wharton CNBC

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US stocks trade mixed as investors turn their attention to upcoming October inflation report

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Investors are expecting inflation to have slowed slightly in October, but remain well-above the Fed's 2% long-run target.

Reuters / Lucas Jackson

Brace for a sharp inflation drop that still won't be enough to return the economy to normal, top economist Mohamed El-Erian says

Tech Insider : Economy
Food inflation
Core inflation is unlikely to return to the Fed's 2% target anytime soon, Mohamed El-Erian warned.

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