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The Federal Reserve isn't just debating the next rate move—it's questioning how it thinks about rates at all. Chairman Kevin Warsh unveiled five new task forces on Thursday, packed with prominent academics and business leaders, to review communications, balance-sheet policy, data, inflation, and productivity and jobs. The panels will report back to the FOMC with "rigorous findings" and a mandate to "follow the evidence," a notable shift away from the heavy forward guidance...
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