Some Inflation Harder to Contain, Says Economist El-Erian

Is inflation dead, oregon are rumors of its decease greatly exaggerated? Mohamed El-Erian, an eminent economist and the main economical advisor astatine Allianz, does not find the “inflation dynamics” to beryllium “encouraging.” While speaking successful an interview with CNBC connected Monday, El-Erian explained that rampant terms ostentation has shifted from the goods assemblage to the services sector, which helium warns is “much harder to contain.&...