A decade later, consequential lessons have yet to be internalized.
Here are four things Fed officials are likely to do and not do this week, according to Mohamed El-Erian, the chief economic adviser at Allianz.
The U.S. employment report for February will need to show continued robust job additions, higher wage growth and a labor participation rate that is edging up.
The number of jobs created in the prior month isn't the most important metric to watch, according to Mohamed El-Erian, chief economic adviser at Allianz.
The risk of misreading global and domestic economic context.
The beneficial impact of last weekend's $1 trillion “shock and awe” intervention by Europe to save Greece and safeguard the euro is fading – even more quickly than officials had feared.
What is less well understood at this stage is that the externalities, negative and positive, are not limited to Europe.
Policymakers find themselves in a position reminiscent of an “all-in” poker player holding a weak hand in a…
