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.
