顶级经济学家警言：鲍威尔应主动辞职 以确保央行独立性

Core Viewpoint - Mohamed El-Erian, Chief Economic Advisor of Allianz Group, publicly called for Federal Reserve Chairman Jerome Powell to resign to ensure the independence of the central bank, marking him as the first prominent economist to make such a statement [1]. Group 1 - El-Erian stated that if Powell's goal is to maintain the operational autonomy of the Federal Reserve, he should resign, emphasizing the importance of this autonomy [1]. - He noted that Powell's term ends in May next year, and a successor will be announced by the end of this year, effectively making Powell a "lame duck" amid a politically charged environment that threatens the Fed's independence [1]. - El-Erian acknowledged that his view contrasts with the mainstream consensus on Wall Street, which generally prefers Powell to serve until the end of his term in May 2026 [1]. Group 2 - El-Erian pointed out that Powell's resignation is not the "optimal solution," but it may be a second-best choice given the increasing and diverse threats to the Fed's independence [1]. - He highlighted three major controversies during Powell's tenure: the misjudgment of "transitory inflation" in 2022 that delayed interest rate hikes, the severe scrutiny following the banking crisis in 2023, and the internal trading scandal that led to a stock trading ban for Fed officials (Powell was not implicated) [1]. - El-Erian remarked that in the corporate world, Powell would have likely been dismissed for his policy mistakes [1]. Group 3 - Scott Bessent, the Treasury Secretary, criticized the Federal Reserve for experiencing "mission creep," indicating that it has ventured into areas beyond core monetary policy [2]. - Bessent emphasized the need for a thorough review of the entire Federal Reserve, coinciding with ongoing attacks from Trump and his advisory team against Powell, particularly since the Fed has maintained stable interest rates since December of last year [2]. - El-Erian stressed the urgency for reform within the Federal Reserve, warning that continued erosion of its independence could lead to a depreciation of the dollar, a steepening yield curve, and rising interest rates [2].