The Federal Reserve's meeting minutes show progress in the assessment of the monetary policy framework

ChainCatcher news, according to Jinshi reports, the Federal Reserve released the minutes of the July meeting, which mentioned that participants continued to discuss the evaluation of the monetary policy strategy, tools, and communication practices that the Federal Reserve is advancing. They stated that significant progress has been made in revising the Committee's "Statement on Longer-Run Goals and Monetary Policy Strategy" and are close to completing the modifications to the consensus statement, aiming to ensure that the statement remains robustly applicable across various economic environments.