Opinion: Powell's Confirmation Hearing Further Undermines Fed's Public Trust, Successor Must Lead Necessary Reforms
BlockBeats News, January 12, Allianz's Chief Economic Advisor Mohamed El-Erian commented on the investigation of Federal Reserve Chairman Powell, saying: The current situation may expose deeper issues, further weakening the already fragile public trust in the Fed. What is urgently needed now is for the incoming Chairman to be committed to implementing necessary reforms to restore the effective operation of the world's most influential central bank. (FX678)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Bank of Japan emphasizes maintaining the underlying inflation rate near its 2% target.
Schwab Says AI Is Past Experiments: Will It Echo the Dot-Com Boom?
Mid-point pricing, oversubscribed issuance: Bambusa (BBTX.US) IPO raises 169 million USD, market cap set at 815 million USD
Biotechnology company Bambusa priced its expanded IPO at a midpoint of $16, raising $168.9 millions, with a valuation of $815 millions. It will be listed on NASDAQ this Friday.
Crypto prices
More
