美联储需要彻底改革

Group 1 - Kevin Warsh, a potential candidate for the next Federal Reserve Chair, calls for a complete overhaul of the Fed due to its poor performance under Jerome Powell [1][2] - Warsh criticizes Powell for failing to maintain appropriate interest rates and for not achieving the inflation target of 2%, with the current inflation rate reported at 2.9% as of August [2][4] - He argues that the Fed's economic models are flawed, believing inflation is driven by government spending and money supply rather than consumer spending and wage increases [2][3] Group 2 - Warsh advocates for significant reforms within the Fed, suggesting that it should relinquish some regulatory powers to government agencies and that the Treasury should oversee the Fed's asset holdings [4][5] - He emphasizes that the Fed's large asset holdings, which were justified during the 2008 financial crisis, should be reduced as the crisis has passed, to avoid distorting market yields on U.S. Treasury bonds [4] - The current target range for the federal funds rate is between 4.00% and 4.25%, with President Trump expressing a desire for a reduction of up to three percentage points [5][6] Group 3 - Warsh is not the only contender for the Fed Chair position; other candidates include Kevin Hassett and current Fed Governor Christopher Waller [6][7] - Waller's chances are considered low due to his lack of connection with Trump's inner circle and past criticism from Trump's camp for supporting a 50 basis point rate cut [7]