Federal Reserve names Raghuram Rajan, Raj Chetty and others to five task forces reviewing monetary policy

Friday, July 10, 2026Business & MarketsWell-covered4 frames

How left and right are reading this

Both agree: This is a consequential Fed review whose recommendations could shape future judgments on inflation, jobs, data, communications, and the tools of monetary policy.
They split on: Whether the story is about whose experience shapes the Fed’s view of technology and workers, or about keeping a consequential policy review within a disciplined monetary mission.

The Federal Reserve announced five task forces as part of a review of how it conducts monetary policy.
Federal Reserve Chair Kevin Warsh announced the task forces and said they are meant to help sharpen the institution’s performance and support its policy objectives.
Raghuram Rajan, Raj Chetty and Asha Sharma are among the appointees to the Fed’s review panels.
Other named participants in the task forces include Mervyn King, Thomas Sargent, Doug McMillon and Marc Andreessen.
The task forces are examining areas tied to monetary policy, including communications, balance sheet policy or policy tools, economic data, inflation frameworks, and productivity and jobs.
The productivity-and-jobs task force is focused on how emerging technologies, including artificial intelligence, could affect employment, productivity and the broader economy.
The review matters because the task forces are expected to produce recommendations or findings that inform the Federal Open Market Committee and future Federal Reserve policy judgments.
Asha Sharma’s appointment has received scrutiny because it was announced days after Xbox disclosed roughly 3,200 layoffs as part of a restructuring.

The Federal Reserve announced five task forces as part of a review of how it conducts monetary policy.
Federal Reserve Chair Kevin Warsh announced the task forces and said they are meant to help sharpen the institution’s performance and support its policy objectives.
Raghuram Rajan, Raj Chetty and Asha Sharma are among the appointees to the Fed’s review panels.
Other named participants in the task forces include Mervyn King, Thomas Sargent, Doug McMillon and Marc Andreessen.
The task forces are examining areas tied to monetary policy, including communications, balance sheet policy or policy tools, economic data, inflation frameworks, and productivity and jobs.
The productivity-and-jobs task force is focused on how emerging technologies, including artificial intelligence, could affect employment, productivity and the broader economy.
The review matters because the task forces are expected to produce recommendations or findings that inform the Federal Open Market Committee and future Federal Reserve policy judgments.
Asha Sharma’s appointment has received scrutiny because it was announced days after Xbox disclosed roughly 3,200 layoffs as part of a restructuring.

Facts first. Then every angle.