‘Stagflation’ is here, even if recession isn’t yet, top economist Mohamed El-Erian says

The U.S. may or may not see a recession in the next year or two, top economists contend. But one thing is certain: “Stagflation” is real, and it’s here in the U.S. That’s what Mohamed El-Erian, economist and president of Queens’ College at Cambridge University, told Yahoo Finance in a recent interview. Read More