Economist Mohamed El-Erian said Sunday that despite the recent market volatility, the US economy is “on a bumpy journey to a better destination.”
Economist Mohamed El-Erian said Sunday that despite the recent market volatility, the US economy is “on a bumpy journey to a better destination” – unless the US Federal Reserve makes another misstep.
El-Erian, chief economic advisor at Allianz, appeared on CBS’s “Face the Nation” to discuss what caused instability in the markets last week.,” El-Erian said. “We are in this amazing situation … where good news for economy is bad news for the markets.” El-Erian said the markets are worried that the Fed will tip us into a recession by overreacting to strong economic news.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Allianz Chief Economic Adviser El-Erian Believes Core Inflation ‘Is Still Going Up'Allianz Chief Economic Adviser Mohamed El-Erian said he predicts headline inflation “will probably come down to about 8%,” but that core inflation “is still going up.”
Consulte Mais informação »
OPEC oil cuts bad for global economy, says U.S.'s Yellen -FTU.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was 'unhelpful and unwise' for the global economy, especially emerging markets, the Financial Times said on Sunday.
Consulte Mais informação »
13 charts that show how the economy is performing in Tucson and ArizonaIs our economy doing better or worse? See recent changes in local employment, regional inflation and more in these regularly updated charts and maps.
Consulte Mais informação »
‘Republicans win on pocketbook issues’: DeSantis’ migrant flights aren’t rousing voters nationallyImmigration isn't leapfrogging abortion or the economy on lists of voters' top concerns in national polls and surveys in key battleground states.
Consulte Mais informação »