Inflation Frameworks

This task force will revisit how the Federal Reserve understands and responds to the drivers of inflation.

Task Force Leaders

Photo of Greg Mankiw
Greg Mankiw Professor of economics Harvard University

Former chairman,
Council of Economic Advisers
Photo of Thomas Sargent
Thomas Sargent Professor of economics New York University

Nobel laureate
Photo of William White
William White Senior fellow C.D. Howe Institute

Former economic adviser, Bank for International Settlement

 

"Examine the drivers of inflation, first principles, and weigh the full range of ideas for delivering price stability in a changing economy."

Chairman Kevin Warsh

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Last Update: July 09, 2026