The Federal Reserve has announced details of its upcoming framework review

On November 23rd, the Federal Reserve announced details of its upcoming framework review, which includes a (review) meeting scheduled for May 15-16, 2025. The Fed said the framework review will not include a 2% inflation target, and the focus will be on the strategic statement and communication tools. The review will include holding public "Fed Listening" events across the country, with discussions among policymakers to begin at the January meeting.