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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 ...
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).
Mohamed El-Erian, a former IMF economist and executive at the Pimco fund management group, is the latest to sound the alarm. While central banks "averted tremendous human suffering", he argues that they have failed to generate what the Western world really needs—"the combination of high, durable and inclusive growth together with genuine ...
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 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."
Abdullah el-Erian (Damanhur, March 21, 1920 — Leiden, December 12, 1981) was an Egyptian international lawyer, diplomat, and judge. [1] From 1959 to 1968 he headed the legal affairs and treaties department of the Ministry of Foreign Affairs of Egypt. He served as Permanent Representative of Egypt to the United Nations in Geneva from 1968 to 1979.