Dr. Doom leaned hard into Jerome Powell. Start acting like a human being, he tells Fed chairman

The Fed's actions split the investment world in two. One wants to keep raising rates and the other thinks that enough is enough. What is right is hard to judge. There are critics, however, who condemn the Fed and its pre-set for something else entirely.

El-Erian criticizes the Fed again

One of the most outspoken critics of the Fed is Mohamed El-Erian, an economist at Cambridge. And he likes to talk down the Fed chairman because he doesn't think his actions are good.

"The least bad option now is to wait to raise interest rates and be honest with the market about where interest rates are going. The Fed needs to maintain consistent communication," El-Erian said. So basically the opposite of what the central bank is doing now. El-Erian, who has long talked about how high interest rates threaten to damage markets, said in an interview that the stock market is particularly nervous and that Powell's public comments tend to send markets spiraling.

This is not the first time El-Erian has criticized…

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