finance
Federal Reserve Creates Five Monetary Policy Task Forces
The Federal Reserve announced the leadership and objectives of five new monetary policy task forces. The groups will operate independently, follow evidence, and present findings to the FOMC.
Jul 9, 3:11 PM·1m read2 sources
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The groups will operate independently, follow evidence, and present their findings to the FOMC.
Each task force will conduct its work separately from the others. Officials stated the groups are expected to base conclusions on available data rather than predetermined positions.
Findings from the task forces will be delivered directly to the FOMC. The announcement did not specify timelines for completion or the topics each group will examine.
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