Fed blinking in 'front of financial instability' is the 'worst thing they can do,' warns economic adviser

Fed blinking in 'front of financial instability' is the 'worst thing they can do,' warns economic adviser

Fed blinking in 'front of financial instability' is the 'worst thing they can do,' warns economic adviser Fed did not 'pay enough attention' to SVB's growth, Allianz chief economic adviser Mohamed El-Erian maintains Allianz chief economic adviser Mohamed El-Erian joined "Fox News Sunday" to discuss the fallout from the banking failures and how policies from the Federal Reserve factored into the crisis, explaining how the Fed's mismanagement "came together to form a perfect storm." STUDY FINDS 186 BANKS VULNERABLE TO …