 Governor Raghuram Rajan, economist Raj Chetty, and Microsoft executive Asha Sharma have been appointed){kind=link}
Former RBI Governor Raghuram Rajan, economist Raj Chetty, and Microsoft executive Asha Sharma have been appointed to independent task forces reviewing US monetary policy.
July 16, 2026: Former Reserve Bank of India (RBI) Governor Raghuram Rajan, economist Raj Chetty, and Microsoft executive Asha Sharma have been appointed to key task forces established by the US Federal Reserve to review its monetary policy framework. Announced by newly appointed Federal Reserve Chairman Kevin Warsh, the five independent panels will examine critical areas including balance sheet policy, economic data, productivity and jobs, communications, and inflation frameworks, before making recommendations to the Federal Open Market Committee (FOMC).
Rajan will serve on the Balance Sheet Policy task force alongside Harvard economist Karen Dynan and former Federal Reserve Governor Jeremy Stein, where the panel will assess the costs and long-term implications of the Fed’s balance sheet strategy. Raj Chetty has been appointed to the Data task force to improve the quality and timeliness of economic data used in policymaking. Asha Sharma, Executive Vice President at Microsoft and CEO of Xbox, will serve on the Productivity and Jobs panel, which will study the economic impact of emerging technologies, including artificial intelligence.
Kevin Warsh said the review comes at a time of major changes in the US economy and is intended to strengthen the Federal Reserve’s policy tools and decision-making process. The task forces also include prominent figures such as Mervyn King, Thomas Sargent, Greg Mankiw, Doug McMillon, and Marc Andreessen, who will contribute expertise across communications, inflation, and economic policy. The Federal Reserve said the panels will operate independently and provide evidence-based recommendations to improve monetary policymaking.