Federal Reserve minutes: The widespread risks and uncertainties in the economy are important factors affecting decision-making
According to online reports, the latest released minutes of the Federal Reserve's June meeting showed that participants pointed out that risk and uncertainty are important factors affecting its decision-making and emphasized the need to develop a policy strategy aimed at achieving the committee's maximum employment and price stability goals in a series of highly uncertain developments. Participants acknowledged that economic risks and uncertainties are prevalent and pose challenges to the design and communication of monetary policy. They pointed out that measuring and assessing risk and uncertainty is difficult, and that it is helpful for the committee to rely on a wide range of indicators and information from business and community contacts to measure changing risks, especially during times of increasing uncertainty.
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