"The Fed is pinning itself in a corner by insisting that this is transitory," Mohamed El-Erian, economic advisor at Allianz and Gramercy and president
at Queens College, Cambridge, told CNBC's "Squawk Box" Monday regarding inflation pressures. "All the evidence suggests that you should have an open mind."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mohamed El-Erian says inflation is here to stay and won't be 'transitory' like the Fed claims'I think what the Fed should do is follow what the Bank of Canada did last week, start tapping the breaks slowly,' El-Erian told CNBC Monday. 😂😂 Lol inflation isn't because of the FED or Powell or policy, its due to China making massive purchases of materials for goods and WALLSTREET driving up prices on those materials. Nice try.... I'm watching you wallstreet and know what your doing... This is price fixing. Words alone won’t express how thankful I’m recommending you all to you molly5227 .....,investing with you has been a good opportunity for me and my family I just received my profit of $30,500 within five days of investment molly5227
Source: BusinessInsider - 🏆 729. / 51 Read more »
WSJ News Exclusive | Yellen to Appoint Senior Fed Official to Run Top Bank RegulatorTreasury Secretary Janet Yellen plans to appoint one of the Federal Reserve’s top big-bank supervisors to become the acting comptroller of the currency, overseeing the country’s largest financial firms, according to a person familiar with the matter. Government accounting for government is how we got in this financial mess in the first place? Low income in low income communities that have not received the remainder of the EIDL GRANT are being ignored‼️It’s time to send in the National Guard to assist the citizens. The SBA will NOT follow their mandates. Tossing a new apple into the SPOILED bunch of SBA ADMIN: FAILED‼️
Source: WSJ - 🏆 98. / 63 Read more »
Yellen taps top Fed aide to serve as acting bank copMichael Hsu will serve as the acting head of the Office of the Comptroller of the Currency, an independent agency housed in Treasury that is responsible for overseeing national banks. Bank cops! The fox guarding the hen house! NARCISSISTIC PERVERTS : Disney-Netfix-Nike-Apple-Amazon-Banks-Coca-Google-Samsung-Huawei-McDo-Microsoft American Congress estimates the tax evasion in USA at 3ooo billion =LESS educational-sanitary-democratic-ecological projects +corruption +RACISM +SOCIAL & FAMILY VIOLENCE Bravo to Secretary Yellen for brining in Federal Reserve Michael Hsu as Acting Comptroller of Currency. The Federal Reserve is changing CRA rules for better racial economic impact. Now the OCC can shift their horrendous new CRA rules to align with FRB
Source: politico - 🏆 381. / 59 Read more »
Britney Spears Is Fed Up With ‘Other People’s Takes on Her Life’Britney called out the “hypocrisy” of the many new documentaries about her
Source: TheCut - 🏆 720. / 51 Read more »
Opinion | The Fed Board Agrees Never to DisagreeFrom WSJopinion: During Janet Yellen’s and Jerome Powell’s tenures as Fed chairman, no Fed governor has cast a dissenting vote on monetary policy, writes judyshel opinion judyshel El gobierno colombiano y sus fuerzas militares en cabeza del presidente IvanDuque, está asesinando a su gente que marcha en contra de políticas que generan hambre a su gente SOSColombiaDDHH opinion judyshel opinion judyshel Hard to turn down a free ride, even if the future will pay for it. That comes later!
Source: WSJ - 🏆 98. / 63 Read more »