Tuesday , April 23 2019
Home / Federal Reserve FOMC / Federal Open Market Committee reaffirms its “Statement on Longer-Run Goals and Monetary Policy Strategy”

Federal Open Market Committee reaffirms its “Statement on Longer-Run Goals and Monetary Policy Strategy”

Summary:
The Federal Open Market Committee, at its annual organizational meeting this week, unanimously reaffirmed its "Statement of Longer-Run Goals and Monetary Policy Strategy" with an updated reference to the median of participants' estimates of the longer-run normal rate of unemployment in the most recent Summary of Economic Projections (December 2018). The Committee first adopted the statement at its January 2012 meeting and has reaffirmed it, with appropriate revisions, at its annual organizational meetings each January. Statement on Longer-Run Goals and Monetary Policy Strategy (PDF)Amended January 29, 2019 Previous version:Statement on Longer-Run Goals and Monetary Policy Strategy (PDF)Amended January 30, 2018

Topics:
FRB: Press Release - Monetary Policy considers the following as important:

This could be interesting, too:

Gregor Samsa writes Predictions Market On Fed Nominees

FRB: Press Release - Monetary Policy writes Minutes of the Federal Open Market Committee, March 19-20, 2019

Jeffrey P. Snider writes Inflation Is (Still) Not About Consumer Prices

Michael Lebowitz writes The Fed’s Body Count

The Federal Open Market Committee, at its annual organizational meeting this week, unanimously reaffirmed its "Statement of Longer-Run Goals and Monetary Policy Strategy" with an updated reference to the median of participants' estimates of the longer-run normal rate of unemployment in the most recent Summary of Economic Projections (December 2018).

The Committee first adopted the statement at its January 2012 meeting and has reaffirmed it, with appropriate revisions, at its annual organizational meetings each January.

Statement on Longer-Run Goals and Monetary Policy Strategy (PDF)
Amended January 29, 2019

Previous version:
Statement on Longer-Run Goals and Monetary Policy Strategy (PDF)
Amended January 30, 2018

Leave a Reply

Your email address will not be published. Required fields are marked *