According to The Wall Street Journal, Federal Reserve Chairman Jerome Powell stated at the Thomas Laubach research conference that the Fed is reviewing its interest rate setting framework due to significant changes in inflation and interest rates since 2020, and the review results are expected to be announced in August or September. Powell emphasized that the average inflation target strategy adopted in 2020 failed to cope with the surge in inflation after the pandemic, and the Federal Reserve now plans to adjust its framework to cope with possible more frequent supply shocks in the future while maintaining a 2% inflation target. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42527