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El-Erian on why he believes Powell should resign to preserve Fed independence
CNBC Television· 2025-07-25 21:30
I want to debate this because I'm trying to get my arms around this notion that the Fed share should resign with the markets booming, the economy strong, credit calm, and the only potential issue has nothing to do at all with his own policy. He didn't put the tariffs in place. So why does it make sense that he should resign now.>> It's all about preserving the independence of the central bank. That is the guiding principle. Look, as you can imagine, I've discussed this with lots of people in markets, in the ...
Mohamed El-Erian: Powell needs to resign to maintain the Fed's autonomy
CNBC Television· 2025-07-25 20:22
Our next guest among those who've said publicly that Fed chair pal should resign as he faces continuing criticism from the president over his policy decisions. Muhammad Alerian is Alon's chief economic adviser. He joins me now.It's nice to see you. Welcome. >> Thank you, Scott.I want to debate this because I'm trying to get my arms around this notion that the Fed share should resign with the markets booming, the economy strong, credit calm, and the only potential issue has nothing to do at all with his own ...
Chicago Fed's Austan Goolsbee on how tariffs impact inflation, his outlook for interest rates
Yahoo Finance· 2025-07-18 21:26
I want to kick off the conversation with the fact that the Fed has been waiting to see what the impact of tariffs will be on inflation over the summer months before charting a course forward on interest rates. And we got the first reading of that this week with the June CPI. We saw that tick up a tenth of a percentage point to 2.9%.That was up from 2.8% previously. Are you seeing any indication that tariffs are pushing up inflation now. I think you saw it on goods.If you look at the core goods inflation, es ...
X @Bloomberg
Bloomberg· 2025-07-17 12:56
Central Bank Policy - Central bank independence is "essential" according to Kevin Warsh, a potential Fed chair candidate [1]