Michael Hanson, head of global macro strategy at TD Securities, points out that the Fed officials have begun undertaking a full-scale review of their operational framework. Key Quotes “This review will include policy strategies, the toolkit, and communications with markets and the public. Two things not on the list are the Fed’s dual mandate and its longer-run 2% inflation target.” “However, Fed officials are looking at “make-up” policies that explicitly promise to overshoot 2% inflation for a time, in the hope that this will make policy more effective near the zero lower bound.” “We expect increasing attention on these proposals over the next several months, but think the practical challenges to implementing them may ultimately preclude their adoption.” “Any changes to the Fed’s policy framework are not imminent, as the review is not scheduled to be completed until sometime in 2020.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EU Commission document: Extension to June 30 would be legally and politically difficult – Reuters FX Street 4 years Michael Hanson, head of global macro strategy at TD Securities, points out that the Fed officials have begun undertaking a full-scale review of their operational framework. Key Quotes "This review will include policy strategies, the toolkit, and communications with markets and the public. Two things not on the list are the Fed's dual mandate and its longer-run 2% inflation target." "However, Fed officials are looking at "make-up" policies that explicitly promise to overshoot 2% inflation for a time, in the hope that this will make policy more effective near the zero lower bound." "We expect increasing attention on these proposals… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.