Federal Reserve Meeting Minutes: Risks and Uncertainties in the Economy are Significant Factors Influencing Decision-Making

On July 10, the latest published minutes from the Federal Reserve's June meeting indicated that participants pointed out that risks and uncertainties are significant factors influencing their decisions, and emphasized the need to develop a policy strategy aimed at achieving the committee's maximum employment and price stability goals amidst a range of highly uncertain developments. Participants acknowledged that risks and uncertainties in the economy are widespread and pose challenges to the design and communication of monetary policy. They noted that measuring and assessing risks and uncertainties is difficult, and the committee relies on a broad range of indicators as well as information from business and community contacts to gauge the evolving risks, particularly during times of heightened uncertainty, which is very helpful to the committee. #美联储6月会议纪要