Fed to review monetary policy framework

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The Federal Reserve plans to review the monetary policy framework it uses to pursue its mandate next year, it announced on November 15.

In the statement it said it will examine its strategies, tools and communication practices, and will reach out to a “broad range” of stakeholders.

The outreach effort will include a research conference in June at the Reserve Bank of Chicago, and a number of public events around the country.

“With labour market conditions close to maximum employment and

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