Mohamed A. El-Erian

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Market-Fed Alignment Is Welcome, But Not Enough

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The last mile to the 2% inflation target needs to be run with economic well-being firmly in mind.

Will The U.S. Economy Drive Global Growth This Year?

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The U.S. economy faces powerful headwinds that call into question its ability to serve as the world's main growth driver.

Inflation Selloff Is A Wake-Up Call For Traders

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The drop in stocks and bonds points to important challenges faced by the Federal Reserve and investors in the months ahead.

Don't Extrapolate Last Year's Trends For The Global Economy

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The chances of a robust worldwide economic recovery appear slim.

Uncertainty Looms Over A November To Remember

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Investors and analysts risk underestimating the challenges ahead during this period of understandable market euphoria.

Beware The New Consensus On The Global Economy

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After being too pessimistic this year, analysts' forecasts for 2024 have swung too far in the opposite direction.

Yield Uncertainty Will Persist Even If The Fed Is Done Raising Rates

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A hard-to-read economy and expanding government bond issuance will keep investors on their toes.

Fed's 'Last Mile' Of Inflation Fight Will Be No Cakewalk

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A myriad of economic variables add layers of complexity to the central bank's efforts to vanquish accelerating prices.

What U.S. Treasury Volatility Means For The Economy

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The gyrations in U.S. government debt are unlikely to disappear but should be manageable.

Markets Are Propelled By What Hasn't Happened

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Interest-rate risk has not translated into any material credit risk--a relief that traders are happy to run with.

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