21 Jun Top economist Mohamed El-Erian
On Wednesday, the Feds hiked interest rates by 75 basis points (the highest since 1994). Mohamed El-Erian, CEO of Allianz calls this hike part of a “great awakening” for central banks and others. The Swiss National bank also hiked 50 bps as well, and the European Central Bank announced it would have its first-rate hike in over a decade next...