Federal Reserve Meeting Minutes: Risks and uncertainties in the economy are widespread and are important factors influencing decision-making

ChainCatcher news, according to the latest published minutes from the Federal Reserve's June meeting, participants pointed out that risks and uncertainties are important factors influencing their decisions, and emphasized the need to develop a policy strategy aimed at achieving the committee's maximum employment and price stability goals amid a range of highly uncertain developments. Participants acknowledged that risks and uncertainties in the economy are widespread and pose challenges to the design and communication of monetary policy.

They noted that measuring and assessing risks and uncertainties is difficult, and the committee relies on a broad set of indicators as well as information from business and community contacts to gauge the changing risks, especially during periods of heightened uncertainty, which is very helpful for the committee. (Jin Shi)