Central Banks

Powell Signals 2020 Fed Framework Language on Chopping Block

Powell Signals Changes to 2020 Fed Framework Language

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By Amara Omeokwe

May 15, 2025 at 12:40 PM UTC

Updated on

May 15, 2025 at 1:56 PM UTC

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Federal Reserve Chair Jerome Powell said policymakers are weighing changes to key parts of the framework that guides their monetary policy decisions, including how they think about shortfalls in US employment and approach their inflation target.