If wages improve in the next few jobs reports, then the Fed may change its view on raising interest rates, Mohamed El-Erian said.» Read More
CNBC's Dominic Chu reports Pimco's co-CIO and CEO Mohamed El-Erian will leave Pimco in mid-March.
Mohamed El-Erian, CEO and co-CIO of Pimco, provides his outlook on Fed policy, markets and the U.S. economy. Rates will stay lower than markets anticipate right now, says El-Erian. It is unlikely we will end up with high single-digit growth this year.
PIMCO CEO & co-CIO Mohamed El-Erian shares his predictions for the Fed's monetary policy strategy, and how investors should bet on fixed income and equities.
The deal reached also fails to address fundamental issues, said Pimco's Mohamed El-Erian told CNBC on Thursday.
We got a compromise because both parties were "exhausted," says Mohamed El-Erian, CEO and co-CIO of Pimco.
In 2011, debate raged in the markets over whether the Fed would embark on a third round of massive bond purchases. Pimco wasn't waiting to find out.
Pico CEO and co-CIO Mohamed El-Erian discusses the markets and his opinion on events in Syria as well as whether he will upgrade his outlook on the global economy.
Mohamed El-Erian, CEO and co-CIO, PIMCO, says it's important to draw lessons from yesterday's Nasdaq debacle. He also addresses the "wedge," and whether the underlying economy is strong enough to withstand its removal. He also addresses the current situation in Egypt and the Middle East.
Mohamed El-Erian, Pimco CEO & co-CIO, shares his perspective on how Friday's jobs report will likely impact the Fed's decision on tapering.
Ben Bernanke is going to "try not to rock the boat," says Mohamed El-Erian, Pimco CEO & co-CIO, providing perspective on Fed policy and what the chairman is likely to say at tomorrow's hearing on Capitol Hill and its impact on the markets.
Economic growth isn't coming fast enough to the justify the artificially high asset prices created by the Fed's massive bond-buying program, Pimco's Mohamed El-Erian tells CNBC.
Pimco's Mohamed El-Erian says it is a difficult time for investors, who should "step back from risk a little bit."
Mohamed El-Erian, Pimco CEO & co-CIO, explains what's driving market volatility, as the markets hope "real growth" will begin to replace "artificial growth."
Pimco's Mohamed El-Erian explains how higher Treasury yields and Japan's economic experiment are impacting global markets.
Pimco's chief explains the dangers of unprecedented central bank experiments.
Mohamed El-Erian, CEO and co-CIO at Pimco, explains how the Fed is spurring economic growth in spite of the stalemate in Congress.
Mohamed El-Erian, Pimco CEO & co-CIO, provides perspective on the fiscal debate raging on Capitol Hill, and explains why it's important to have a "framework" in place to deal with the nation's debt problems.
"At best we'll get a stop-gap micro-deal," said Mohamed El-Erian, PIMCO CEO & co-CIO, explaining how falling off the "fiscal cliff" will impact markets.
Anticipating higher taxes, and discussing whether Washington is closer to a deal on the fiscal cliff, with Mohamed El-Erian, PIMCO CEO & co-CIO. "You will see tax rates go up, and they will be part of a bigger package, and they will hopefully be a stepping stone to other things that need to get done in Washington," he says.
Pimco’s Mohamed El-Erian has three pieces of advice for investors considering how to allocate their capital going into 2013.