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Fed Meeting Minutes: Economic Risks and Uncertainties Are Pervasive and Important Determinants of Decision-Making
BlockBeats News, July 10th. The latest release of the Federal Reserve's June meeting minutes shows that participants noted that risk and uncertainty were important factors affecting their decisions and emphasized the need to develop a policy strategy aimed at achieving the Committee's maximum employment and price stability goals in a period of high uncertainty. Participants acknowledged that economic risks and uncertainty were widespread and posed challenges to the design and communication of monetary policy.
They pointed out that measuring and assessing risks and uncertainty is difficult, and the Committee relies on a wide range of indicators and information from businesses and community contacts to assess evolving risks, especially during periods of heightened uncertainty, which is helpful to the Committee. (FXStreet)
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