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Q&A continues: Q: On framework review, is Fed...>

FED
FED: Q&A continues:
Q: On framework review, is Fed going to end up with makeup inflation strategy?
What do you think of it? When are details of review coming out?
- A: We undertook the review to incorporate the realities of the 'new normal'
into our policy framework, including global disinflationary trends, and a flat
Phillips curve. We continued our discussions at this meeting, I'm very pleased
by our progress so far. Dug deeply into strategy tools and communications.
Expect to conclude and announce middle of the year. Just now at the point of
putting it together. I'm not the person to give you my personal preferences
right now, we are doing it as a group.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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