Jerome Powell’s Federal Reserve might be ‘one of the unluckiest’ ever, Mohamed El-Erian says, but the central bank has no margin for error right now 

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However, due to the chaos in the bond market, El-Erian said Wednesday the Fed could be forced to act if that chaos continues.

And once the Fed finally made progress taming inflation, President Donald Trump’s tariffs are threatening to push prices up.

If the economy slows and unemployment rises, the expectation would be for the Fed to cut interest rates—but if inflation soars, then the expectation would be for it to raise rates.

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Article Details

Author / Journalist: Alena Botros

Category: EconomyBusiness

Markets: United States

Topics: Donald Trump Economy Jerome powell Mohamed El-Erian Federal Reserve Tariffs and trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 17:49:57 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 141 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27761018

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Official Website: fortune.com

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