00:00New Federal Reserve Chair Kevin Warsh has begun assembling his leadership team, signaling
00:05the start of a potentially significant shift in U.S. monetary policy and central bank governance.
00:11Markets are watching for clues about how Warsh will approach inflation, interest rates,
00:16regulation and the Federal Reserve's broader role in the economy.
00:19His appointment has drawn attention because of his calls for structural changes at the
00:24central bank and a more streamlined policy process.
00:27Analysts expect his staffing decisions to provide an early indication of the direction
00:32of the institution under his leadership.
00:34The transition comes at a sensitive moment as policymakers balance inflation risk against
00:40concerns about economic growth.
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