Mohamed A. El-Erian , Columnist

5 Things to Watch For in Next Week's Fed Meeting

The central bank likely will raise rates by 25 basis points, only the second increase in 10 years.

December 8, 2016 at 7:00 AM UTC

Mohamed A. El-Erian is a Bloomberg Opinion columnist. A former chief executive officer of Pimco, he is president of Queens’ College, Cambridge; chief economic adviser at Allianz SE; and chair of Gramercy Fund Management. He is author of “The Only Game in Town.”

Ready for takeoff.
Photographer: Andrew Harrer/Bloomberg

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The Dec. 14 announcement by the Federal Open Market Committee will be of particular interest, not only for what it says about any change in interest rates, but also for its signals about the path ahead. Here are five things that are likely to emerge from the statement by the Federal Reserve’s policymaking committee and the ensuing press conference by Fed Chair Janet Yellen.

QuickTake The Fed Lifts Off, Barely