Fed Has No Safe Path With ‘Lame Duck’ Chair Powell - El-Erian

NAMPA / Sputnik

2025-12-05

WASHINGTON, December 4 (RIA Novosti) - Policymakers at the Federal Reserve are unable to unite in making a decision on interest rates or finding a path forward for the economy as chairman Jerome Powell’s impending departure proves a distraction for the central bank, says prominent fund industry official Mohamed El-Erian. “There’s currently a level of discord within the US Federal Reserve that has rarely been seen in modern history,” El-Erian, for......

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