Federal Reserve meeting minutes: Economic risks and uncertainties are widespread and are important factors affecting decision-making

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According to the latest Federal Reserve June meeting minutes reported by ChainCatcher, participants noted that risks and uncertainties are important factors affecting their decisions, and emphasized the need to develop a policy strategy aimed at achieving the committee's maximum employment and price stability goals amid a series of highly uncertain developments. Participants acknowledged that economic risks and uncertainties are widespread and pose challenges to monetary policy design and communication.

They pointed out that measuring and assessing risks and uncertainties is difficult, and the committee relies on a wide range of indicators and information from business and community contacts to measure changing risks, which is particularly helpful to the committee during periods of heightened uncertainty. (Jintian)

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