El-Erian Sees Stagflation Scenario for US Economy

El-Erian Sees Stagflation Scenario for US Economy

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Mohamed El-Erian, a Bloomberg Opinion contributor, says "notably low" US economic growth will lag below the level needed to offset the impact of ongoing inflation. "That's too low for the stage of where we are in the economy, " he says on "Bloomberg The Open." El-Erian's opinions are his own.