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Mohamed El-Erian says the U.S. is nearing a 'cost-of-living crisis' after more hot inflation data

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“It is only a matter of time earlier than we’re speaking a few cost-of-living disaster,” economist Mohamed El-Erian advised CNBC on Wednesday after the April CPI report.

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Mohamed El-Erian says the U.S. is nearing a 'cost-of-living crisis' after more hot inflation data

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