Search
 

What's Ahead in the Global Economy?

SAN DIEGO—According to Mohamed A. El-Erian, chief economic advisor at Allianz, and former CEO and co-CIO of PIMCO, politics will remain noisy, but will not fundamentally contaminate the central banks.

By Natalie Dolce | nataliedolce | Updated on February 24, 2017

“What's Ahead in the Global Economy” general session at MBA's CREF/Multifamily Housing Convention and Expo 2017. “What’s Ahead in the Global Economy” general session at MBA’s CREF/Multifamily Housing Convention and Expo 2017.

SAN DIEGO—“Growth will remain relatively low but critically will be stable.” Those thoughts are according to Mohamed A. El-Erian, chief economic advisor at Allianz, and former CEO and co-CIO of PIMCO. “The US will grow at 2% to 2.5%. Japan will be in the 1% to 1.5% range and China will be at 5% to 6%.”

El-Erian, who spoke during the “What’s Ahead in the Global Economy” general session at MBA’s CREF/Multifamily Housing Convention and Expo 2017, said that the global economy is stable and that is the first element the markets love.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.