The sluggish median Q1 GDP estimate suggests the economy will continue growing in the first three months of 2025 but the past few weeks' slide highlights vulnerability in Q2 and beyond.
The current median 1.2% nowcast for Q1 is roughly at the pace that is considered stall-speed growth, advises Mohamed El-Erian, president of Queens’ College, Cambridge, economic adviser at Allianz and ...
Wall Street analysts and economists have converged on a more turbulent near-term trajectory for the U.S. economy. The outlook is bumpier than anticipated, with lower growth rates, greater inflationary ...
"The Fed will tolerate higher inflation for now in an attempt to protect the real economy," says Mohamed El-Erian of Queens' ...
Stock futures are near flat Monday night following two consecutive winning sessions that offered a reprieve from the market's ...
U.S. retail sales miss expectations in Feb, raising concerns about consumer strength. However, some areas show resilience & ...
Mohamed A. El-Erian is a Bloomberg Opinion columnist. A former chief executive officer of Pimco, he is president of Queens’ ...
"If we would continue down this road of what would be more disruptive, business-unfriendly policies, I think the risks on ...
The S&P 500 ( SP500) on Friday retreated 2.27% for the week to end at 5,638.94 points, posting losses in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY) slipped ...
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As the S&P 500 enters into a correction zone, leading economists weigh in on whether the U.S. economy is headed toward a ...