Fed Whispers: The Fed is seeking to readjust policy tools

BlockBeats News, May 15th, Wall Street Journal reporter Nick Timiraos, known as the "Fed Whisperer," wrote that "the Federal Reserve adjusted its policy framework in 2020 because the ultra-low interest rate environment of the past decade introduced significant asymmetry to its inflation target. However, the global situation has changed. Having moved away from that environment, the Fed is now seeking to readjust its policy tools."

Federal Reserve Chairman Powell just stated that the Fed is reviewing the framework revision adopted in 2020.