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US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forces
Federal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on traditional government statistics within a year. He believes current methods are too slow and error-prone, impacting policy decisions. Warsh is establishing task forces, including international experts, to explore new data collection and analysis techniques, promising independent advice for institutional improvements.
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channelnewsasia.com
Fed's Warsh plans to harness better economic data within a year
SINTRA, Portugal, July 1 : Federal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the U.S. central bank to "discover" and start relying on real-time…
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economictimes.indiatimes.com
Fed rate hike: Warsh firm on 2% inflation target, vows real-time data for rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump's calls for rate cuts.…
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US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forces
Federal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on traditional government statistics within a…