Warsh promises a new vision for Fed
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Federal Reserve Chair Kevin Warsh used his first press conference as the central bank's leader on Wednesday to announce a broad review of the institution's policies and operations, unveiling five new task forces while emphasizing the Fed's commitment to price stability.
New Fed Chairman Kevin Warsh holds rates at 3.25%-3.75% and launches five task forces to overhaul Fed operations, signaling major policy shifts ahead.
