September 20, 2024 18:30 GMT
MNI: Fed To Release Framework Review Details In Coming Months
The U.S. central bank commits to reviewing its policymaking framework every five years.
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The Federal Reserve will announce the details of its upcoming review of the central bank's monetary policy framework "in coming months," the Fed said Friday.
The Fed's board of governors will host its second Thomas Laubach Research conference, in honor of the late Fed economist, on May 15-16, and the event "is expected to provide timely academic perspectives for the monetary policy framework review that the Federal Reserve has committed to conduct every five years," the Fed said in a statement.
"The first review was completed in 2020. Details about the next monetary policy framework review will be announced in the coming months."
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