Federal Reserve Official Suggests Improving Clarity in Monetary Policy Communication
Tuesday, 28 May 2024, 02:05
Fed's Mester: Fed statements would benefit from some added length
Federal Reserve official, Loretta Mester, has proposed that Fed statements could be improved with additional details to enhance transparency and clarity in monetary policy communication.
In a recent statement, Mester suggested that providing more comprehensive information could benefit market participants, investors, and the public alike.
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