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Federal Reserve announces leadership of its task forces for monetary policy

6 hours ago
  • #Federal Reserve
  • #task forces
  • #monetary policy
  • Federal Reserve announced leadership and objectives of five task forces to advance monetary policy.
  • Task forces cover Communications, Balance Sheet Policy, Data, Productivity and Jobs, and Inflation Frameworks.
  • Each task force is co-led by external experts, including economists, business leaders, and former central bankers.
  • Goal is to improve policymaking tools and approaches to achieve price stability and maximum employment.
  • Task forces will operate independently, follow evidence, and provide feedback to the Federal Open Market Committee.