US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy framework

US Fed Chair Kevin Warsh has constituted five taskforces comprising economists, former central bankers, and business leaders to review and overhaul the Federal Reserve's policy framework. The panels will focus on communications, balance sheet policy, data, productivity and jobs, and inflation frameworks, with notable members including former Bank of England Governor Mervyn King, former RBI Governor Raghuram Rajan, and venture capitalist Marc Andreessen. The review is expected to shape future US monetary policy direction, with significant implications for global liquidity and emerging market flows including India.