Aug
22
Boy Rasmussen
August 22, 2025 |
Top economist says two contenders to replace Fed Chair Powell stand out
Mohamed A. El-Erian says both candidates have strong market experience and would do 'great job' leading central bank
El-Erian appeared on FOX Business Network's "The Claman Countdown" on Wednesday and said that BlackRock CIO of global fixed income Rick Rieder and former Fed Governor Kevin Warsh are his preferred picks to replace Powell, whose term as chair expires in May 2026.
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