Mohamed El-Erian, chief economic advisor at Allianz, told CNBC’s Steve Sedgwick at the Ambrosetti Spring Forum in Italy the U.S. Federal Reserve has "turned into a play-by-play commentator." The U.S.

The U.S. Federal Reserve has become too data dependent and has lost sight of its overall strategy, Mohamed El-Erian, chief economic advisor at Allianz, said Friday. The economist told CNBC that a ...

Stream Connecticut News for free, 24/7, wherever you are. "If Chair Powell's objective is to safeguard the Fed's operational autonomy (which I deem vital), then he should resign," El-Erian said in a ...

President Donald Trump's extensive raft of import tariffs are putting the U.S. economy at risk of recession, Allianz's Chief Economic Advisor Mohamed El-Erian warned on Friday. He added that Trump's ...

"If Chair Powell's objective is to safeguard the Fed's operational autonomy (which I deem vital), then he should resign," El-Erian said in a morning post on X. El-Erian, also president of Queen's ...

Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell to voluntarily relinquish his position in order to ensure the central bank's independence, making the chief economic advisor ...