Federal Reserve Chair Jerome Powell said policymakers are weighing changes to key parts of the framework that guides their monetary policy decisions, including how they think about shortfalls in US ...

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 ...

Another situation that provides examples of both expansionary and contractionary monetary policy is the global coronavirus pandemic that was first declared in 2020. During the coronavirus pandemic ...

Here are five monetary policy developments to track during the year ahead ... The Fed's last framework review, which took place in 2020, resulted in an approach known as flexible average inflation ...

Jarociński and Karadi (2020) isolate monetary policy changes by accounting for economic information revealed through monetary policy announcements. Bauer and Swanson (2023) isolate monetary policy ...