Yesterday's FOMC minutes reveal a central bank perhaps confused about what to do next, says...

|By:, SA News Editor

Yesterday's FOMC minutes reveal a central bank perhaps confused about what to do next, says Mohamed El-Erian, so it will do what it knows best - launch another round of QE, perhaps as early as December. The Fed's "sizable footprint" has "altered not only valuations, but also the efficient functioning of markets." Indeed.