Warsh Forms Five Fed Task Forces With Industry and Academic Leaders

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Source: CNBC
Warsh Forms Five Fed Task Forces With Industry and Academic Leaders
Photo: CNBC
TL;DR

Fed Chair Kevin Warsh announced five independent task forces to review the Fed’s communications, data practices, balance sheet policy, productivity and jobs, and inflation-frameworks. The panels, populated by economists, former central-bank officials and business leaders including Marc Andreessen and Doug McMillon, will operate independently and report findings back to the FOMC, with changes potentially expected this year as Warsh emphasizes a rigorous, evidence-based approach.

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