US Ropes In Ex-RBI Governor Raghuram Rajan, 2 Other Indians For Key Fed Roles

US appoints ex-RBI Governor Raghuram Rajan and two other Indians to key Federal Reserve roles.

Rajan will serve on the balance sheet policy task force.

The task force will examine costs, benefits, and institutional implications of the Fed's balance sheet regime.

It will also assess the role of asset holdings in implementing monetary policy.