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Ex-RBI Governor Rajan joins US Fed task force for monetary policy review

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Former Reserve Bank of India Governor Raghuram Rajan has been enlisted by the US Federal Reserve to assist in a major policy framework overhaul. Rajan is part of a task force specifically examining balance sheet policy alongside other external experts. Two other Indian economists have also been included in separate panels as part of this broad review initiative. The panels will collectively assess areas including data analysis, productivity, and inflation frameworks. The Federal Reserve aims to use these reviews to strengthen and refine its future monetary policy approach.

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