Dudley pointed out that the Fed's response to economic surprises was not transparent enough to clearly convey the logic of policy response, and Powell is expected to propose issuing staff scenario forecasts. Click to view...

Dudley pointed out that the Fed's lack of transparency in responding to economic surprises does not allow it to clearly communicate the logic of policy responses. Powell is expected to propose issuing staff scenario forecasts. Click to view... < br > < img src = "https://img.jin10.com/news/25/01/MmafxjdNazs8dDPY5CShf.png/lite" referrerpolicy = "no-referrer" >