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Breaking News!
Powell Under Investigation,
Federal Reserve's Credibility Further Damaged!
Who Will Step In to Clean Up This "Mess"?
On January 12, Mohamed El-Erian, Chief Economic Advisor at Allianz, spoke out: The investigation into Powell isn't just an isolated incident—it may reveal deeper issues within the Federal Reserve, further eroding the already weak public trust in the institution.
The most urgent task now is for the next Federal Reserve Chair to swiftly implement reforms, so that this globally influential central bank can get back on track and function properly.
