If wages improve in the next few jobs reports, then the Fed may change its view on raising interest rates, Mohamed El-Erian said.
But the mood at Pimco aren't as bad as some reports suggest, Chief Economist Paul McCulley tells CNBC.
Mohamed-El-Erian, Allianz chief economic advisor, explains how productivity and macroprudential policy are impacting the economy and Fed policy.
A future of interest rates near zero means slower but more steady growth, according to "Bond King" Bill Gross.
Bond manager Pimco lost one familiar face this year but is seeing another return.
German insurance giant Allianz reported first quarter results on Wednesday that were hit by hefty outflows from Pimco.
And it could lead to a credit boom and crash, former Pimco CEO Mohamed A. El-Erian told CNBC.
Mohamed El-Erian, Allianz chief economic adviser, comments on Pimco's emerging market bets, and the outlook for U.S. stocks.
Mohamed El-Erian, Allianz chief economic adviser, reflects on what ECB President Mario Draghi, and Federal Reserve Chair Janet Yellen, told investors.
Mohamed El-Erian, Allianz chief economic advisor, provides perspective on current market conditions. He says this market is settling into the "Great Moderation 2.0."
Allianz endured intense public scrutiny by some of its largest shareholders over its lack of intervention at Pimco.
CNBC.com Managing Editor Allen Wastler reports stories about the fastest shrinking companies in the U.S., as well as pros warning about stocks and overvalued assets are the hottest topics among CNBC.com readers.
Pimco's former CEO and one-time heir apparent also tells CNBC he left the investment giant because he wanted to do something different.
Mohamed El-Erian, Allianz chief economic adviser, shares his thoughts on the outlook on the markets and economy.
Mohamed El-Erian, Allianz chief economic adviser, explains how energy and finance sanctions will likely impact Russia and why Europe is hesitant to do that. Russia will retaliate against sanctions by disrupting energy supplies, says El-Erian.
Mohamed El-Erian, Allianz chief economic adviser, weighs in on what's likely to impact markets, as stocks pull in opposition directions.
Mohamed El-Erian, Allianz chief economic adviser, shares his thoughts on why he left Pimco. It was time for me to do something different, say El-Erian.
Significant underperformance coupled with the exit of high-profile CEO Mohamed El-Erian caused Gross to re-evaluate the way he was running the firm.
Happy Friday, and welcome to the Morning Six-Pack's monthly nonfarm payrolls special edition!
The Pimco Total Return Fund trailed behind its 95 percent of peers in March, spelling more blues for the company.