El-Erian: Market Right to Price in December Fed Rate Hike

Bloomberg Video

Oct. 12 -- Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg View columnist, reacts to the minutes from the September meeting of the Fed's policy-setting Federal Open Market Committee. He speaks with Bloomberg's Oliver Renick, Erik Schatzker and Matt Miller on "Bloomberg Markets." (El-Erian is a Bloomberg View columnist. The opinions expressed are his own.)