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New Fed Chief Kevin Warsh Is Quietly Remaking the US Central Bank
CNBCยทWednesday, 24 June 2026

Kevin Warsh has set up task forces to rethink virtually everything done at the Federal Reserve, with analysts describing the changes as a 'regime change but in a velvet glove.' The first big announced changes point toward a quiet but significant internal revolution.
Why It Matters
How the US Fed operates affects global interest rates and capital flows โ including money moving into and out of Indian markets and the value of the rupee.
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