Federal Reserve Chairman Kevin Warsh released the names of the members who will be on the central bank’s task forces on July 9.
Warsh announced last month the creation of five task forces to review the Fed’s monetary policymaking framework, with officials examining everything from data utilization to the balance sheet.
Among the names are former Bank of England Gov. Mervyn King, who will be one of three individuals reviewing how the Fed communicates with the public during times of uncertainty.
As part of the new central bank leader’s reforms, communication has been a top priority, with Warsh abandoning forward guidance. Minutes from the June policy meeting suggest he has the backing of his colleagues….