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Mohamed El-Erian, chief economic ... Rising inflation and higher than previously forecast interest rates aren’t great news for consumers, whose real average hourly earnings didn’t rise at all ...
El-Erian pointed to the sharp rise in Treasury yields as a cause for concern. In addition to the higher borrowing costs for both households and businesses and the drag on the economy, he ...
Signals of persistently low inflation have puzzled economists in the years since the Federal Reserve first adopted its 2% inflation target after the financial crisis. According to Mohamed El-Erian ...
The top economist warned that inflation will eventually come down but its fall comes at the cost of a US recession as the Fed "slams on the brakes."
“We’ve got to be really careful,” El-Erian warned. “The housing market is central to the economy.” Read more: Thanks to Jeff Bezos, you can now use $100 to cash in on prime real estate ...
Mohamed Abdullah El-Erian (Arabic: محمد العريان, romanized: Muḥammad al-ʿAryān; born August 19, 1958) is an Egyptian-American economist and businessman. He is President of Queens' College, Cambridge , and chief economic adviser at Allianz , the corporate parent of PIMCO where he was CEO and co- chief investment officer (2007–14).
Allianz Chief Economic Adviser Mohamed El-Erian told Yahoo Finance that he is encouraged by the Fed "finally reacting" to Treasury market turmoil by buying longer-term bonds.
Mohamed El-Erian told Yahoo Finance Live. “When you look at the reason, you scratch your head as to the timing of this.” Fitch’s downgrade is the second ever for the United States, after S&P ...