El-Erian: September Taper Less Likely on Jobs Data

El-Erian: September Taper Less Likely on Jobs Data Play

Aug. 2 (Bloomberg) -- Mohamed El-Erian, chief executive officer and co-chief investment officer at PIMCO reviews the U.S. July jobs report and offers his concerns over politics getting in the way of economic recovery and how today's data will prevent the Federal Reserve from tapering bond buying in September. He speaks on Bloomberg Television's "In The Loop."

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