The Federal Reserve of the EE. UU He will have to work under pressure from the White House, despite his inflation and employment goals, next year to run the Asian economy, since he wants to be more open and responsible.
The Central Bank of the United States said on Thursday that there will be a series of forums across the country to listen to a “wide range” of interested parties.
Until the mid-2019 review, you can review the instruments used by the FED to achieve its objectives and the way it offers policies to the public and financial markets.
The unusual communication suggests that the president of the FED, Jerome Powell, who accepted it as one of the central banks in February, wants to work for years to increase transparency and significantly affect political responsibility.
President Donald Trump has gradually supported the population’s interest rate, saying loans with loans threaten higher borrowing costs.
“We want today how we shape monetary policy and monetary policy,” Powell said in a statement that said the Fed was close to the Fed’s inflation and employment targets.
The FED intends to organize a series of hosting events, including a research conference at its Chicago branch in June, to support the review. Then the perspectives are discussed and their results reported.
After the financial crisis and the financial recession of 2007-2009, the FED has become powerful but unusual instruments, such as the purchase of a trillion dollars and interest rates close to zero. He also started to create no-name forecasts for individual policy makers regarding future rate hikes and key economic metrics.
Although changes can not be guaranteed, all these instruments can be debated not only with economists and investors, but also with workers, employers and citizen leaders.
“The policy is not closed due to our previous measures,” the president of the capture of Madrid, Rafael Bostic, said on Thursday in different circumstances.
About the character
The conference is setting the objectives of the EDF for sustainable sustainable employment and stable inflation and is not part of the review. The objective of the FED is to debate or use the process of changing the inflation target of 2% to address short-term problems, such as: How to better control interest rates or when the ongoing payment of the central bank’s balance sheet ends.
However, the review at the time of the transfer of power dynamics to Capitol Hill and a greater focus on the Federal Reserve may be unpredictable.
The families of the workers sacrificed a sacrifice to the Fet, for example, to use inflation as a means to increase wages, and the review could be open to their arguments.
After elections at the post-November conference have been divided (and most are Democrats in the House of Representatives and Republicans in the Senate) and presidential elections, the collective leaders may be trying to pressure the discussion team.
With respect to the Foundation, there may be an opportunity to review the lessons learned from the financial crisis.
Now that the economy is growing beyond potential, unemployment is falling to 3.7 percent, and inflation is the goal of the Fed, the central bank has settled into a quarterly interest cycle. The review shows that the Fed uses soft water to determine which work best works in the first recession.
Choosing a range of inflation options can be seen as a narrow objective in choosing a “price level” approach that allows for the loss of inflation, concentrates on nominal gross domestic product instead of inflation, or I even raised the goal for a long time.
“None of these alternative frameworks is a challenge, but it deserves a thorough review,” said Loretta Mester, president of Cid Cleveland, in October in New York. “It may be useful to simulate something like a stress test to see how each frame can be paid.