When autocomplete results are available use up and down arrows to review and enter to select.
The Federal Reserve is reviewing its monetary policy framework in light of the experience of the past five years, Fed Chairman Jerome Powell said.
Details: Speaking in Washington, Powell said the review also will consider possible enhancements to the Federal Open Market Committee’s policy communication tools related to forecasts, uncertainty, and risk.
Consensus Statement: In the coming months, the Fed will consider specific changes to the FOMC’s consensus statement, Powell said. For instance, participants have indicated a need to reconsider language around shortfalls and inflation targeting while ensuring adaptability to a wide range of economic environments and developments.
Previous News
The Consumer Financial Protection Bureau withdrew its proposed rule on data broker practices (Regulation V), calling it unnecessary or appropriate at this time.
ImageMay 15, 2025
House Financial Services Committee Chairman French Hill (R-Ark.) told community bankers at the ICBA Capital Summit that he considers his panel the “access-to-capital committee.”
ImageMay 15, 2025
Rep. Randy Feenstra (R-Iowa) called on ICBA Capital Summit attendees to encourage their members of Congress to add the Access to Credit for our Rural Economy (ACRE) Act to the Senate version of the tax reconciliation bill.
ImageMay 15, 2025
Related News Taxonomy
