The Fed will be paralyzed by divisions unless it takes a strategic view, says Mohamed El-Erian

From youtube.com/cnbctelevision

Mohamed El-Erian, The Wharton School Rene Kern professor and Allianz chief economic advisor, joins 'Squawk Box' to discuss the Fed's interest rate decision, divisions within the FOMC, rate path outlook, his thoughts on the prediction markets, and more.