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https://www.youtube.com/watch?v=EqxAOwq0MV0
08:20
Top economist Mohamed El-Erian says a European recession is a ‘done deal’ but the U.S. might not be far behind
September 16, 2022 at 11:46 AM MST
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- Mohamed El-Erian warned of slower global growth, stubborn inflation, and higher unemployment.
- The top economist pointed to signs of weaker demand and the likelihood of further Fed rate hikes.
- El-Erian has said Europe's energy crisis and China's lockdowns raise the risk of stagflation
Mohamed El-Erian has warned the Fed's rate hikes may fail to squash inflation - but could tank the US economy and job market anyway
tmohamed@businessinsider.com (Theron Mohamed) - 6h ago
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