US Fed enlists ex-RBI guv Rajan, 2 other Indians for massive policy overhaul

Jul 16, 2026 - 13:00
US Fed enlists ex-RBI guv Rajan, 2 other Indians for massive policy overhaul

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Former RBI governor Raghuram Rajan will help shape US monetary policy. He joins a Federal Reserve task force reviewing its policy framework. Rajan will examine balance sheet policy alongside other experts. Other panels will assess data, productivity, and inflation frameworks. These initiatives aim to improve the central bank's future policy approach.

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