Mohamed El-Erian

Federal Reserve Chair Jerome Powell faced sharp criticism from prominent economist Mohamed El-Erian following a Dallas Chamber event Thursday, where Powell’s cautious stance on rate cuts triggered significant market movements. What Happened: El-Erian, Chief Economic Advisor at Allianz,...

Investors are remaining cautious amid uncertainties surrounding the upcoming presidential election between Donald Trump and Kamala Harris, according to prominent economist Mohamed El-Erian. What Happened: “A lot of investors are just on the sideline,” El-Erian, Chief Economic Adviser at...

A surprising voter focus on inflation in Japan’s general election, alongside global economic concerns, has sparked comments from Mohamed El-Erian, Chief Economic Advisor at Allianz about shifting economic paradigms in traditionally low-inflation economies. What Happened: El-Erian highlighted...

The 10-year Treasury yield has reached its highest point since July, a development that has drawn attention from global markets. What Happened: The 10-year Treasury yield closed at 4.24% on Wednesday, up from 4.204% on Tuesday and 4.074% at the end of the previous week, as reported by Benzinga....

The September jobs report came in hotter than predicted, with U.S. payrolls increasing by 254,000 and the unemployment rate surprisingly slipping to 4.1%. Wage growth exceeded expectations, rising 0.4% month-over-month and 4% year-over-year. These robust numbers have sparked a fresh debate among...

Ahead of the Federal Reserve’s upcoming rate decision, Mohamed El-Erian has highlighted concerns about the potential for disappointing interest rate cuts due to the Fed’s focus on employment. What Happened: El-Erian, chief economic adviser at Allianz, highlighted concerns over the...

Renowned economist Mohamed El-Erian has voiced concerns over the increasing late payments on credit cards and auto loans in the United States, sparking discussions on the economic implications. What Happened: On Sunday, El-Erian took to X to share his views on an article from the Wall Street...

Mohamed El-Erian, Chief Economic Advisor at Allianz, has outlined key expectations and market pricing ahead of next week’s Federal Reserve policy meeting, according to a post on X on Wednesday. What Happened: El-Erian highlighted officials’ interest rate expectations and how they...

Allianz Chief Economic Advisor Mohamed El-Erian stressed the Federal Reserve’s and NVIDIA Corp.’s (NASDAQ:NVDA) substantial impact on market dynamics, in a post on X on Thursday. What Happened: El-Erian highlighted the long-standing market adage, “Don’t fight the Fed,...

Mohamed El-Erian, Chief Economic Advisor at Allianz, highlighted on X writing “Gold is trading within $5 of a new record high.” What Happened: El-Erian posted a screenshot showing gold prices at $2524.06, reflecting a 5.87% gain. The lowest close was recorded at $2369.31 on Aug. 5, with...

Mohamed El-Erian, Chief Economic Advisor at Allianz, indicated a shift in the Federal Reserve’s focus towards employment, suggesting a September rate cut is almost certain. What Happened: El-Erian highlighted “three main takeaways from the Fed minutes,” in a post on X on Wednesday...

Mohamed El-Erian, the Chief Economic Advisor at Allianz, criticized the Federal Reserve for not reducing interest rates in July, warning that the market’s anticipation of a 200 basis point cut in the next year is excessive. What Happened: El-Erian stated that the Fed should have cut rates in...

Mohamed El-Erian, Chief Economic Advisor at Allianz, has called for a cautious unwinding of Japan's excessive ‘carry trades’ following recent dovish signals from the Bank of Japan. El-Erian highlighted the risks associated with the pro-risk approach adopted by the BoJ. What Happened: El...

Mohamed El-Erian, the Chief Economic Advisor at Allianz, echoed an analogy made by renowned economist and Ford School Professor Justin Wolfers. The analogy compares the recent financial market meltdown to a toddler tantrum, emphasizing unpredictability and emotional swings. What Happened: On Monday...

Mohamed El-Erian, the chief economic adviser at Allianz, has advised the Federal Reserve to postpone a rate cut until September. He also emphasized the significance of the upcoming Jackson Hole symposium for Fed Chair Jerome Powell to regain control of the narrative. What Happened: El-Erian, in a...