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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 ...
Mohamed El-Erian, chief economic adviser at Allianz and president of Queens’ College, Cambridge, argued as far back as the fall of 2022 that inflation had become “entrenched” in the economy ...
The Federal Reserve became ensnared in a "cognitive trap" that made the central bank believe inflation was fleeting, Mohamed El-Erian, Allianz SE Chief Economic Adviser and ex-PIMCO CEO, said in a ...
"For the Fed, it means push back much harder against pressure from the markets to put you in the single-mandate box," El-Erian told Bloomberg TV. "Enough talk about 'inflation is dead.' "Enough ...
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).
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."
El-Erian, who is chief economic advisor at Allianz, previously thought there was no reason to worry about a recession, but people underestimated the delayed effects of Fed rate hikes, which are ...
The Islamic Republic of Iran News Network (IRINN), (In Persian: شبکه خبر جمهوری اسلامی ایران), is an Iranian news channel, part of Islamic Republic of Iran Broadcasting corporation, headquartered in the Jame Jam Park in Tehran, Iran. The main programs are political, but sports, science and medical news programs also exist.