Pimco's CEO El-Erian Says Fed to Maintain Low Rates, QE3 Likely

bloomberg.com
FEBRUARY 03, 2012

Feb. 3 (Bloomberg) -- Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., talks about the January U.S. jobs report and outlook for the global economy. Employment climbed more than forecast in January and the U.S. jobless rate unexpectedly fell to the lowest in three years. El-Erian, speaking with Betty Liu, Scarlet Fu and Dominic Chu on Bloomberg Television's "In the Loop," also talks about Federal Reserve policy. (Source: Bloomberg)

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