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El-Erian: Short-term stability at the cost of longer-term instability?
Source: FT Alphaville
Nov 04, 2009


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Summary
Guest post:  Pimco chief executive Mohamed El-Erian looks at the Federal Reserve's very delicate balancing act...

The message from the FOMC is clear: let’s not rock the boat in the anticipation (or hope) that the US economy can transition to more robust low-inflationary growth. To this end, the...

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