Former Federal Reserve Chairman Ben Bernanke urges the Fed to provide a more comprehensive explanation of interest rate decisions
Former Federal Reserve Chairman Ben Bernanke has called for the Fed to provide the public with a more comprehensive explanation of its interest rate decisions and a more in-depth analysis of potential forecast scenarios, according to online reports. "Releasing specific alternative scenarios and their possible impact can drive a subtle but important shift in the Fed's communication strategy," Bernanke said in a speech prepared for Friday's meeting at the Federal Reserve's headquarters in Washington.
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