Erian, Allianz’s chief economic adviser, expressed significant concern about an accelerating decoupling of GDP growth from employment that could result in a scenario of simultaneous higher growth and ...
Mohamed El-Erian, chief economic adviser at Allianz, is warning that lower-income Americans are under "significant pressure" and that a halt to their spending would weigh on the economy as a whole.
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Allianz chief economic advisor Mohamed El-Erian warned that companies are now unable to pass on inflation costs onto consumers, as they have been doing since the pandemic began. “Consumers are saying ...