Raguram Rajan In Fed Role

The US Federal Reserve has roped in former Reserve Bank of India (RBI) governor Raghuram Rajan, along with two other Indian-origin experts Delhi-born American economist Raj Chetty and senior Microsoft executive Asha Sharma to review its balance sheet as part of a sweeping reform program aimed at reshaping monetary policymaking after years of elevated inflation. The appointments are part of the five task forces announced by the newly appointed US Federal Reserve chairman Kevin Warsh, which also include former Bank of England Governor Mervyn King, former Walmart CEO Doug McMillon, Nobel laureate Thomas Sargent, and Silicon Valley venture capitalist Marc Andreessen.