The Latest Breaking News from Mohamed ElErian

As the U.S. government heads into another shutdown, prominent economists are weighing in with their takes, offering fresh warnings while expressing their frustrations.

Leading economists are reacting to the Federal Reserve’s decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank’s independence, and others warning of difficult times ahead.

Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng and senior officials in Madrid next week, marking their fourth round of in-person talks this year amid unresolved disputes over tariffs, agriculture and the looming TikTok deadline.

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp drew a sharp line on U.S.-China relations this week, warning that Beijing is actively exploiting American vulnerabilities through fentanyl, technology platforms, and influence campaigns, and arguing that America's greatest defense lies in strengthening itself from within.

Economist Mohamed El-Erian warned of "significant challenges" for Xi Jinping's growth model after fresh data showed a sharp drop in US-China trade.

China's central bank has increased its gold holdings for the tenth month in a row, reinforcing a broader global trend that economist Mohamed El-Erian says is reshaping how investors think about risk.

"So could they play catch-up? Yes, they could. Hopefully they will, but it's a more risky operation than a lot of people expect it to be."

Chancellor is urged to ‘get a grip’ on country’s finances as yield on 30-year bond rises to 5.62%

Economist Peter Schiff challenged former President Donald Trump's claim that Federal Reserve Chair Jerome Powell is hurting the housing market by delaying rate cuts, arguing the opposite effect is more likely.

Renowned economist Mohamed El-Erian on Thursday reiterated his call for Federal Reserve Chair Jerome Powell to resign, arguing it is a necessary step to protect the central bank’s independence from political pressure ahead of the pivotal Jackson Hole Symposium.

Noted economist and chief economic adviser at Allianz, Mohamed El-Erian, has voiced his concerns about the Federal Reserve’s approach to inflation, warning that it could be making a big “mistake.”