CNBC, Released on 9/7/23
Mohamed El-Erian, Allianz chief economic advisor, joins ‘Squawk on the Street’ to discuss the El-Erian’s take on the Federal Reserve’s moves after recent economic data, the bigger threat to the U.S. economy, and if the economy’s setup for stagflation.
Mohamed El-Erian is the President of Queens College, Cambridge and the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world’s largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smith Barney/Citigroup in London and before that, he spent 15 years at the International Monetary Fund in Washington, D.C. His latest book is Permacrisis: A Plan to Fix a Fractured World.