U.S. Federal Reserve to relaunch "Fed Listens" events around pandemic recovery

Reuters2021-06-23

WASHINGTON, June 23 (Reuters) - The U.S. Federal Reserve announced Wednesday it was relaunching its "Fed Listens" series of community discussions focused on the economic recovery from the pandemic.

The Fed held a nationwide series of public forums as it debated how to retool its approach to monetary policy through 2019, leading to announcement of a new strategic framework last year.

The Fed said in a released statement it now aims "to learn from a broad range of individuals, households, and communities about the economic recovery from the COVID-19 pandemic."

In the statement Fed Gov. Michelle Bowman said the discussions would "benefit the Federal Reserve’s ongoing policymaking process, while also enhancing transparency and public accountability.”

The Fed Listens events have been credited by policymakers with influencing their decision to be less concerned about inflation and more focused on allowing job growth.

Details will be announced later.

(Reporting by Howard Schneider Editing by Chizu Nomiyama)

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Comments

  • J1Z1
    2021-06-24
    J1Z1
    Ohhh
  • J1Z1
    2021-06-24
    J1Z1
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  • nyse
    2021-06-24
    nyse
    These few days there are many fed news
  • TitusT
    2021-06-24
    TitusT
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  • Sze24
    2021-06-24
    Sze24
    Like and comment for fed listens!! 
  • Miche
    2021-06-24
    Miche
    Ok…
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