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Fed Plans 2019 Review of How It Pursues Goals on Jobs, Inflation

Jerome Powell, chairman of the U.S. Federal Reserve.

Jerome Powell, chairman of the U.S. Federal Reserve.

Photographer: Andrew Harrer/Bloomberg

The Federal Reserve said it will conduct a wide-ranging and public review next year of how it goes about achieving its twin goals of maximum employment and price stability.

The review will cover the Fed’s strategies, tools and communication practices and will include outreach to businesses, community groups and other interested parties.