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Fed Brings In New Thinkers for Fresh Insights
Fed Chair Kevin Warsh is reshaping the institution by bringing in two top economists, Daniel Covitz and Eric Engstrom, as key advisers — and two outside experts to help launch five new task forces. Their recent work reveals troubling trends: Fed projections may be slowing private sector analysis, and Treasury yields remain stubbornly high despite rate cuts — pointing to emerging risks like supply shocks and fiscal instability, not inflation. This move signals a major push for fresh thinking as the Fed navigates a complex economic landscape. Support the show:Get a discount at…
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