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S Suwandi
Bloomberg Television
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Comments by "S Suwandi" (@ssuwandi3240) on "Mohamed El-Erian Sees 2% Inflation Target as ‘Totally Arbitrary’" video.
He's not Fed. Don't give a Fakk of the rants. Because he conveniently skipped the rate of Medicare depletion. This is where 2% fundamentals aren't as flexible as Bangsters would wish to change unless half of obligations disappear shortly
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@samanmm well that's the timely explainer, we were never in a true restrictive territory the Fed and Treasury seem to have led in two opposite narratives...
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@samanmm quite significant under Feds to do list if you read the latest changes stated in Feds minute. To your point itself, that massive fiscal spending didn't help to support a required restrictive environment as per your first comment Jerome has had a very difficult stance, but not in a way Mo has kept telling the audience. He should have criticized the role of Treasury as well in order to strike a balance. Many experts have said they're stunned with the scale of fiscal spending that obviously was never incorporated in their 2023 prediction.
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