Warsh Announces Five New Task Forces to Sharpen Fed Policy Tools

The chairman unveiled five specialized task forces focused on communications, balance‑sheet strategy, economic data, productivity and employment, and the inflation framework. Their purpose is to improve policy formulation after 63 consecutive months of inflation running above the Fed’s 2% goal. Warsh stressed that the Fed will review both interest‑rate policy and its balance sheet to ensure that temporary price spikes do not evolve into entrenched inflation.