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Rajan, King and Stein to head Warsh’s Fed task forces

Former governors among experts asked to help ‘advance the cause’ of US monetary policy

Clockwise from left: Raghuram Rajan, Mervyn King and Jeremy Stein
Clockwise from left: Raghuram Rajan, Mervyn King and Jeremy Stein
Central Banking montage/ WEF/Lucy Stewart/US Federal Reserve

The US Federal Reserve has announced the leadership and full objectives of the five task forces it is setting up to “advance the cause of monetary policy”.

In a statement on July 9, the Fed said its new communications task force would be headed by Mervyn King, a former governor of the Bank of England and winner of the lifetime achievement award at this year’s Central Banking Awards; Arminio Fraga, a former president of the Central Bank of Brazil; and Peter Fisher, a professor at the University of

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