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Federal Reserve Meeting Minutes Show Progress in Monetary Policy Framework Evaluation

Summary: According to sources, the Federal Reserve released the minutes of its July meeting, mentioning that participants continued discussions on the evaluation of the Fed's ongoing monetary policy strategy, tools, and communication practices. They noted significant progress in revising the Committee's 'Long-Run Goals and Monetary Policy Strategy Statement' and are close to completing the modification of ...

According to sources, the Federal Reserve released the minutes of its July meeting, mentioning that participants continued discussions on the evaluation of the Fed's ongoing monetary policy strategy, tools, and communication practices. They noted significant progress in revising the Committee's 'Long-Run Goals and Monetary Policy Strategy Statement' and are close to completing the modification of the consensus statement, aimed at ensuring the statement remains robust and applicable in various economic environments.

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