Search results
Results From The WOW.Com Content Network
El-Erian expanded on his take in a Bloomberg op-ed on Tuesday, explaining that although he called for the Fed to cut rates in July, and he still believes not doing so was an error, emergency cuts ...
That's as the market is fully grasping that the Fed may be late in its easing cycle, El-Erian said, after the central bank kept rates steady at its last meeting on Wednesday. "This is the first ...
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 ...
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).
New normal. A new normal is a state to which an economy, society, etc. settles following a crisis, when this differs from the situation that prevailed prior to the start of the crisis (the "old normal"). [ 1] The term has been employed retroactively in relation to World War I, World War II, the September 11 attacks, the financial crisis of 2007 ...
'There's a real issue as to whether we've broken the housing market': Mohamed El-Erian says the Fed may have hurt both demand and supply amid high mortgage rates Serah Louis October 5, 2023 at 8:45 AM
The dependence on economic data that has been a guiding light of Jerome Powell's tenure at the Federal Reserve is also one of its great weaknesses, said Mohamed El-Erian in a new interview with ...
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 ...