Fed officials mooted alternative policy frameworks

federal reserve

Federal Open Market Committee (FOMC) officials mooted a raft of changes to their monetary policy framework a fortnight ahead of its regular policy meeting in early November.

Minutes of the November meeting, published Tuesday, revealed that the FOMC had held a videoconference on 15 October to discuss targeting a term interest rate, increasing the frequency of certain policy decisions, and enhancing communications.

The discussions covered "alternative ways to express and communicate the committee'

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