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Federal Reserve Meeting Minutes: Economic Risks and Uncertainties Widespread, Key Factors Influencing Decision-Making
Summary: According to sources, the latest Federal Reserve meeting minutes released in June highlighted that risks and uncertainties are key factors influencing decision-making, emphasizing the need for a policy strategy to achieve the committee's maximum employment and price stability goals amidst a series of highly uncertain developments. Participants acknowledged that economic risks and uncertainties are widespread, ...
According to sources, the latest Federal Reserve meeting minutes released in June highlighted that risks and uncertainties are key factors influencing decision-making, emphasizing the need for a policy strategy to achieve the committee's maximum employment and price stability goals amidst a series of highly uncertain developments. Participants acknowledged that economic risks and uncertainties are widespread, posing challenges to the design and communication of monetary policy. They noted that measuring and assessing risks and uncertainties is difficult, with the committee relying on a wide range of indicators and information from businesses and community contacts to gauge evolving risks, particularly helpful during periods of heightened uncertainty.
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Link: Federal Reserve Meeting Minutes: Economic Risks and Uncertainties Widespread, Key Factors Influencing Decision-Making [Copy]
