The Federal Reserve is gearing up to re-evaluate how it sets and communicates monetary policy in light of economic shifts of the last five years, chair Jerome Powell said Thursday. The big picture: ...

Federal Reserve Chair Jerome Powell said policymakers are weighing changes to key parts of the framework that guides their ...

While acknowledging “the economic environment has changed significantly since 2020,” Federal Reserve chair Jerome Powell ...

Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.

In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...

We review recent research and experiences linking inflation and expectations, emphasizing what has been learned since 2020. One clear lesson is that the inflation expectations of most economic agents ...

Federal Reserve Chairman Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices ...

The Group of Thirty today published "The Federal Reserve Monetary Policy Framework Review: A Comprehensive Approach to Improve Robustness", chaired by William C. Dudley. "Monetary policy ...

A long-standing Federal Reserve framework for conducting monetary policy has recently been shaken, prompting a reassessment ...

Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.

The Reserve Bank of India will soon review its monetary policy. This review will analyse credit conditions. It will also ...

"Including this language in the Federal Reserve's monetary policy framework commits the Federal Reserve to an objective that the Federal Reserve cannot achieve in practice if it also wants to hit ...