Tag Archives: ElErian

Powell Should Resign to Save the Fed, Mohamed El-Erian Says. Anxiety Is Building.  Barron’s Jerome Powell must quit to save the Fed, one prominent economist says  CNN Top economist Mohamed El-Erian breaks ranks with Wall Street and says Powell should resign to preserve Fed independence  CNBC Powell should resign to protect Federal Reserve, says top economist  Axios Jerome Powell should resign, top economist Mohamed …

In a surprising turn, top economist Mohamed El-Erian has broken with convention among financial leaders by publicly calling for Federal Reserve Chair Jerome Powell to resign. El-Erian’s comments, issued via social media and elaborated in press interviews, are remarkable not only for their candor, but for their counterintuitive reasoning: El-Erian believes Powell should step aside to protect the institution’s independence in the face …

President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, D.C., on Oct. 13, 2022. James Lawler Duggan | Reuters Mohamed El-Erian on Tuesday called for Federal Reserve Chair Jerome Powell to voluntarily relinquish his position …