Surveillance: El-Erian's Fed Outlook
Bloomberg Surveillance
00:00
The Difference Between Two and Three Percent
John Avlon: My big worry and you know this is that if the Fed focuses on two percent in a relatively rapid time frame, we will end up in a recession. Avlon: There's no reason for the U.S. economy to fall into recession. "The endogenous elements of this economy are strong enough to power through this period," he says.
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