Federal Reserve Launches Five-Year Policy Framework Review
The review will assess monetary policy strategy and communication tools, with public events and a research conference planned for 2025.
- The Federal Reserve announced a periodic review of its monetary policy strategy, tools, and communication framework, starting January 2025.
- A research conference featuring external experts will be held on May 15-16, 2025, as part of the review process.
- Public 'Fed Listens' events will be conducted nationwide to gather input from diverse communities.
- The review will not reconsider the Fed's 2% inflation target, a decision that has drawn criticism from some analysts and academics.
- Key questions include whether recent high inflation and interest rate trends warrant a return to more traditional policymaking approaches.