Federal Reserve Making Worst ‘Policy Mistake in Several Decades,’ Top Economist Warns

Federal Reserve Making Worst ‘Policy Mistake in Several Decades,’ Top Economist Warns
Mohamed El-Erian, Chief Economic Adviser of Allianz appears on a segment of "Mornings With Maria" with Maria Bartiromo on the FOX Business Network at FOX Studios in New York on April 29, 2016. Rob Kim/Getty Images
Andrew Moran
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The Federal Reserve’s year-long aggressive monetary tightening efforts could turn out to be one of the most significant policy errors in the last several decades, according to renowned economist Mohamed El-Erian.

El-Erian shared excerpts from the Peterson Institute for International Economics (PIIE) and the Financial Times that reinforced his view that the U.S. central bank is committing egregious policy missteps.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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