Woofun AI reports that Federal Reserve Chair Jerome Powell established five external workgroups to conduct a comprehensive review of the central bank's monetary policy implementation framework. These groups will independently analyze balance sheet management, policy tools, and artificial intelligence impacts, submitting rigorous findings to the Federal Open Market Committee. The teams include Harvard economist Raj Chetty leading the data group, Marc Andreessen overseeing productivity and employment, and Greg Mankiw co-leading the inflation group. Powell emphasized the need to adapt to rapid economic changes to maintain price stability and employment promotion.