Yonhap Infomax NewsFederal Reserve Chair Jerome Powell signals significant changes to monetary policy framework, likely abandoning the 'employment-focused' approach in favor of rebalancing towards price stability amid evolving economic conditions.
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Powell Signals Framework Revision, Likely to Abandon 'Employment-Focused' Approach
Federal Reserve Chair Jerome Powell signals significant changes to monetary policy framework, likely abandoning the 'employment-focused' approach in favor of rebalancing towards price stability amid evolving economic conditions.