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Pimco’s El-Erian Sees Global Growth at About 3% in 2014

Pacific Investment Management Co.’s Chief Executive Officer Mohamed El-Erian said he expects the global economy to expand 2.75 percent to 3.25 percent next year.

“The big question is less the next 12 months and more what happens thereafter because the road we’re on right now is being sustained by experimental, untested policies,” El-Erian, also co-chief investment officer of the Newport Beach, California-based firm, said today in a radio interview with Tom Keene on “Bloomberg Surveillance.”