Mohamed El-Erian

Senior economist Mohamed El-Erian has criticized Federal Reserve Chair Jerome Powell’s use of the word “transitory” to describe the potential inflationary impact of tariffs. What Happened: The Federal Reserve held rates steady in the range of 4.25%-4.5% on Wednesday. Despite...

As the S&P 500 enters into a correction zone, leading economists weigh in on whether the U.S. economy is headed toward a recession amid an escalating trade war. What Happened: Lawrence H. Summers, former U.S. Treasury Secretary, lambasted recent tariff policies, warning of potential recession...

U.S. markets rallied on Wednesday after February’s inflation report came in softer than anticipated, bolstering expectations for Federal Reserve rate cuts while investors reassess the economic impact of President Donald Trump administration’s policies. What Happened: Allianz Chief...

Stock futures dropped Sunday evening as investors react to mounting concerns about the U.S. economic outlook and President Donald Trump‘s trade policies. What Happened: Dow Jones Industrial Average futures fell 0.54% to 42,608.00, while S&P 500 futures declined 0.62% to 5,740.00. Nasdaq-...

The S&P 500 and Nasdaq both slipped into the red, reversing early gains on Thursday, while the Dow Jones remained in positive territory in midday trading. NVIDIA Corp. (NASDAQ:NVDA) led the tech sector lower after the company posted its smallest revenue beat in years on Wednesday. Wall Street...

Allianz Chief Economic Advisor Mohamed El-Erian warned that while President Donald Trump‘s evolving tariff strategy may deliver immediate gains, it risks longer-term economic damage through stagflation and eroded U.S. global influence. What Happened: El-Erian explained on X that the Trump...

U.S. tariffs imposed by President Donald Trump on imports from Canada, Mexico, and China are rattling markets and stirring sharp reactions from economists. The measures, which include a 25% duty on most Canadian and Mexican goods and a 10% tariff on Chinese imports, have heightened concerns over...

Prominent economists are raising concerns about the inflationary impact and economic consequences of former President Donald Trump‘s newly announced tariffs on major U.S. trading partners, with Allianz Chief Economic Advisor Mohamed El-Erian emphasizing the complexity of predicting their full...

The Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation measure, rose 2.6% in December 2024, according to data released Friday. While the data were in line with expectations, it marks the third consecutive increase in annual PCE inflation, following a low of 2.1...

The Federal Reserve maintained interest rates at 4.25%-4.5% on Wednesday, prompting Allianz Chief Economic Advisor Mohamed El-Erian to suggest rate cuts might not materialize until June at the earliest, while President Donald Trump criticized the central bank’s approach to banking regulation...

Prominent economist Mohamed El-Erian cautioned that President Donald Trump‘s second-term economic initiatives could face significant challenges from persistent inflation and widening global growth disparities. What Happened: In a Financial Times opinion piece published on Monday, El-Erian,...

Consumer sentiment faces renewed pressure as inflation expectations hit 3.3% for both short and long-term outlooks, despite December’s core inflation showing signs of moderation at 3.2% year-over-year, below the expected 3.3%. “The consumer is worried about both short-term inflation...

Prominent economist Mohamed El-Erian highlighted Bloomberg Opinion columnist John Authers‘ analysis showing how inflation could derail President-elect Donald Trump‘s economic agenda before it begins, as markets await crucial December Consumer Price Index data. What Happened: El-Erian,...

U.S. Treasury yields continued their upward march as prominent economist Mohamed El-Erian predicts yields could remain elevated through 2025, highlighting persistent inflation concerns and shifting market dynamics. What Happened: The 20-year Treasury yield reached 4.96%, while the 10-year Treasury...

The week was filled with stories that kept the business world buzzing. From Elon Musk’s controversial involvement in German politics to the surge in natural gas prices due to freezing US temperatures, there was no shortage of news. Let’s dive into the key stories that shaped the weekend...