Economist Mohamed El-Erian 1, 2, 3

 

Mohamed A. El-Erian

@elerianm

From the

@FT

So much divergence! 1. First, markets are pricing divergence in the path forward for policy rates at the #FederalReserve and the

@ECB

.

2. Second, this divergence is less stark given that the #Fed has already hiked more than the ECB.

3. Third, what’s priced in for the Fed is quite different from what the central bank has signaled. #rconomy

5:38 PM · May 8, 2023

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