Fed's Warsh plans to harness better economic data within a year

Federal Reserve official Kevin Warsh says the central bank plans to improve its economic data systems within the next year. The initiative aims to give policymakers better tools for tracking economic conditions. According to Channel NewsAsia, Warsh outlined plans to modernize how the Fed collects and harnesses economic data—a move that could sharpen the Fed's ability to respond to inflation, employment, and growth trends.

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