$BTC Federal Reserve Adjusts Policy Framework to Address Post-Pandemic Changes

According to PANews, Federal Reserve Chairman Powell stated that the Federal Reserve is adjusting its policy framework to respond to changes in inflation and interest rate outlooks following the pandemic in 2020. Since 2020, significant changes have occurred in the economic environment.

The Federal Reserve adopted the current framework five years ago and began its evaluation this year. The evaluation is unlikely to affect the current interest rate setting methods, with results expected to be completed and announced before August or September. Powell noted that the rise in real interest rates post-pandemic may impact the elements of the framework.