The Fed released details of the upcoming framework review: no 2% inflation target

PANews reported on November 23 that the Federal Reserve announced details of its upcoming framework review, including a meeting scheduled for May 15-16, 2025. The Fed said the framework review will not include a 2% inflation target and will focus on strategic statements and communication tools. The review will include public "Fed Listening" events across the country, and discussions among policymakers will begin at the January meeting.