The Federal Reserve's Monetary Policy Framework focuses on the strategy, tools, and communication practices used to achieve its monetary objectives of maximum employment and price stability. The ...

Monetarists and rational expectations economists believe that if monetary policy is transparent, then increases in the money ...

The big picture: The Fed is reviewing its monetary policy framework — the goals and methods it uses to set interest rate policy and communicate it to the public — for the first time since 2020.

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 ...

Communication practices have taken center stage in the Federal Reserve's review of its monetary policy framework. In a Thursday morning speech, Fed Chair Jerome Powell said communication practices — ...

"The Federal Reserve's monetary policy tools are ill-suited to ensuring that employment will necessarily be broad-based and inclusive when the economy is at full employment," the group said in a ...

Fed officials this year began a periodic review of the central bank’s longer-run strategy — or framework — for implementing monetary policy and its communication tools.

"The Federal Reserve's monetary policy tools are ill-suited to ensuring that employment will necessarily be broad-based and inclusive when the economy is at full employment," the group said in a ...