Mohamed A. El-Erian , Columnist

The 6 Things to Watch in This Week's Fed Meeting

Policy makers are likely to reinforce the expectation of three hikes this year.

January 29, 2018 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.”

Her last meeting.
Photographer: Andrew Harrer/Bloomberg

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The Federal Open Market Committee meeting this week is likely to reinforce the baseline expectation of three hikes this year thanks to a more upbeat outlook for the U.S. and global economies, and somewhat diminished concern about "lowflation."

Specifically: