Powell Says Fed Will Hold News Conferences After Every Meeting Next Year

The video discusses the current economic conditions, highlighting low unemployment and inflation rates. It explains the Federal Reserve's strategy of gradually raising interest rates to support economic growth. The decision-making process involves regular meetings to assess economic conditions and adjust policies as needed. The Fed emphasizes the importance of clear communication and transparency to ensure better economic outcomes. Plans for increased public engagement through more frequent press conferences are also outlined, aiming to improve understanding of the Fed's actions and policies.

What are the potential consequences of moving interest rates too quickly or too slowly?

What does the Fed hope to achieve by being clear about their future actions?