World near tipping point?-Pimcos El Erian

Published 23 March, 2011, 02:35, CEST+1 | By the trader

Much of the potency of policy responses has been used up in the successful efforts since 2008 to avoid global depression.
The longer the persistence of supply disruptions, the greater the risk of core inflation increasing.
Questions about the end of quantitative easing in the U.S. pose a challenge for policymakers.