Former Reserve Bank of India (RBI) Governor Raghuram Rajan, Microsoft executive Asha Sharma and Delhi-born economist Raj Chetty are among the Indian-origin experts appointed by the US Federal Reserve to review how the world's most influential central bank conducts monetary policy.
The appointments are part of five task forces announced by Federal Reserve Chairman Kevin Warsh on Thursday as the central bank reviews whether its policy tools, data, communications and inflation framework remain suited to an economy being reshaped by artificial intelligence, changing labour markets and shifting inflation dynamics.