Central Banks
Fed Announces Details and Focus of Upcoming Framework Review
- Policymakers to begin discussions at meeting in January 2025
- Review to focus on longer-run strategy and communication
The Federal Reserve announced more details about its upcoming framework review Friday, including a specific focus on the central bank’s communication tools.
The review will cover the Federal Open Market Committee’s Statement on Longer-Run Goals and Monetary Policy Strategy, as well as central bank communication. The Fed’s 2% inflation goal will not be a focus of review, the Fed said in a statement.