Economist El-Erian says the Fed has turned into a play-by-play commentator

The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic adviser at Allianz, said Friday.

Previous post Apple to lay off more than 600, weeks after canceling electric-vehicle project
Next post Here’s where the surge of immigrants come from and end up, according to Goldman Sachs