The Federal Reserve is likely announce plans to taper this week, said CEO Pimco Mohamed El-Erian. Still, don’t expect it all at once. El-Erian believes a $10 billion-to-$15 billion reduction will be the Fed’s first step. …read more
The Federal Reserve is likely announce plans to taper this week, said CEO Pimco Mohamed El-Erian. Still, don’t expect it all at once. El-Erian believes a $10 billion-to-$15 billion reduction will be the Fed’s first step. …read more