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Topic: kevin-warsh

The Marriner S. Eccles Federal Reserve Board building in Washington
Economy
Thursday, 7/9, 10:37 PM

The Fed Turns to a Former Walmart Boss to Fix Its Slow Economic Data

  • Federal Reserve Chair Kevin Warsh has named five task forces to rethink how the central bank works, and put former Walmart chief Doug McMillon in charge of one on economic data.
  • The aim: read the real economy in something closer to real time, rather than waiting weeks for official figures that Warsh says are increasingly unreliable.

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