"It is very hard for the Fed right now to go back to three hikes," says Mohamed El-Erian, chief economic advisor at Allianz.
Financial markets signal that the torrent of American CEOs pulling out next week's Saudi investment conference is not a great concern, the Allianz economist says.
"It wouldn't surprise me if we get 3 percent growth for this year and next year," Mohamed El-Erian, chief economic advisor for Allianz, said of the U.S.
All the trade rhetoric from the U.S. and China is about the journey, not the destination, and the destination will not be global trade war, says Allianz's Mohamed El-Erian.
Mohamed El-Erian, Allianz, discusses what he sees coming from the trade war.
Trump's trade stand toward China could become a "Reagan moment," echoing President Ronald Reagan's tough approach with Russia during the Cold War, El-Erian says.
El-Erian says the probability of a rate hike in September is more than 50 percent, citing "headwinds from the rest of the world."
The U.S. and China are in the early innings of a "real, live trade war" and prominent economist Stephen Roach thinks it's the U.S. that is on course to lose.
After tumbling 70 percent from its peak, bitcoin is reaching a point where Mohamed El-Erian thinks it could be a buy. The chief economic advisor at Allianz said Friday that the cryptocurrency would be worth considering if it falls before $5,000.
Italy has reintroduced the issue of sovereign risk, says Mohamed El-Erian, Allianz chief economic advisor, talking about the banking sector in Europe after Deutsche Bank's U.S. unit failed the Fed's stress test.
Banks need to take it more seriously, says Mohamed El-Erian, Allianz chief economic advisor, providing insight to the Federal Reserve's financial stress test.
It's going to be like another commodity-like asset out there, says Mohamed El-Erian, Allianz chief economic advisor, sharing his thoughts on the future of bitcoin.
Mohamed El-Erian, Allianz chief economic advisor, provides insight to the markets amid trade fears and Federal Reserve interest rate uncertainty.
The Egypt team's exit from the World Cup holds key lessons that can help Cairo and other emerging nations fulfill their economic potential, according to Mohamed El-Erian.
CNBC's Jim Cramer says President Donald Trump's agreement Tuesday with North Korea's Kim Jong Un is a "tremendous" first step.
"Look for markets to say, 'Great, that's a first, good constructive step with what happened in Singapore,'" economist Mohamed El-Erian says.
Mohamed El-Erian, Allianz Chief Economic Advisor, discusses the economy and its impact on the equity market.
"We are moving away from cash," economist Mohamed El-Erian says. "Go to Sweden and you'll see how fast."
Investors had mistakenly assumed the world was in a phase of synchronized growth, economist Mohamed El-Erian tells CNBC.
Mohamed El-Erian, Allianz chief economic advisor, provides his outlook on jobs and economic growth.