The Federal Reserve adjusts its policy framework to respond to post-pandemic changes. According to PANews, Federal Reserve Chairman Powell stated that the Fed is adjusting its policy framework to respond to changes in inflation and interest rate prospects following the pandemic in 2020. Since 2020, the economic environment has undergone significant changes. The Fed adopted the current framework five years ago and began evaluating it this year. The assessment is unlikely to affect the current interest rate setting method and is expected to be completed and results published before August or September. Powell noted that the rise in real interest rates post-pandemic may affect the elements of the framework.