Deep Tide TechFlow News, January 12, Chief Economic Advisor of Allianz Mohamed El-Erian commented on the investigation of Federal Reserve Chairman Powell: The current situation may expose deeper issues, further undermining the already fragile public trust in the Federal Reserve. Several months ago, I suggested that the chairman should resign to maintain the independence of the Federal Reserve, and the concern at that time was precisely this kind of situation. What is urgently needed now is that the person succeeding the chairman must be committed to implementing necessary reforms to restore the effective operation of the world's most influential central bank. (Jin10)

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