Kevin Warsh Proposes New Fed Inflation Metrics
Federal Reserve nominee Kevin Warsh aims to reform inflation measurement by using alternative data models. Experts suggest these tools may support lower rates.
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Kevin Warsh, the nominee to lead the Federal Reserve in the United States, has signaled a major push to overhaul how the central bank measures and interprets inflation. During his Senate confirmation hearing, Warsh expressed a desire to break the "tyranny of the status quo" by adopting new statistical models and alternative data sets to better understand price dynamics.
