Mohamed El-Erian slams Powell's suggestion that the bank turmoil is over &ndash; says it could be added to a list of Fed communications that eroded its credibility.

(May 04 19:58) Businessinsider.sg

With PacWest under stress, Mohamed El-Erian has raised doubts about Fed chair Jerome Powell's suggestion that the worst of the banking turmoil is over.

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Mohamed El-Erian slams Powell's suggestion that the bank turmoil is over &amp;ndash; says it could be added to a list of Fed communications that eroded its credibility.

Mohamed El-Erian slams Powell's suggestion that the bank turmoil is over – says it could be added to a list of Fed communications that eroded its credibility.