All articles tagged with #central bank reform
Mohamed El-Erian criticizes the Federal Reserve for being inactive and calls for reforms, emphasizing the need for the Fed to adopt a more visionary approach and reduce political influence, especially with a new chairman on the horizon.
Major changes are imminent at the Federal Reserve, driven by political pressures and calls for reform, including closer coordination with the Treasury, staffing cuts, and a more aggressive communication style, signaling a potential departure from traditional independence and norms, especially with a new chair potentially in place soon.