The Economist 20260718 Kevin the taskmaster Summary
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Kevin Warsh wants to reshape the Federal Reserve, but he is beginning with advice rather than decrees. The new chair has assembled five public task forces to examine how the Fed communicates, manages its balance-sheet, uses alternative data, understands artificial intelligence and diagnoses inflation. The panels bring impressive expertise into the open. Their harder task will be turning divergent views into recommendations that the Fed’s consensus-driven leadership will actually adopt.
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