Powell ‘Carefully Considering’ More Frequent Press Conferences
- Fed chairman says FOMC is committed to clear communication
- Powell says he has made no final decision on the topic
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Federal Reserve Chairman Jerome Powell said that he is “going to be carefully considering” adding more policy-meeting press conferences to the current calendar of four per year.
“I have not made a decision,” Powell said Wednesday at his first press conference in Washington after he and the rest of the Federal Open Market Committee raised interest rates by a quarter percentage point.