君諾外匯:美联储即将公布货币政策框架评估，两大变化或影响市场

Core Insights - The Federal Reserve's periodic assessment of monetary policy strategy has become a key event influencing market sentiment amid global economic adjustments and increased financial market uncertainty [1][3] - Two main areas of focus in the upcoming assessment are the long-term goals and monetary policy strategy statement, and the communication tools used to convey policy intentions to the market and public [3][6] Group 1: Policy Adjustments - The Federal Reserve is expected to downplay the "Flexible Average Inflation Target" (FAIT) policy introduced during the pandemic, shifting towards a more traditional inflation target setting [3][4] - This shift is seen as a response to criticisms that the FAIT policy delayed the Fed's response to rising inflation, which contributed to rapid inflation increases [4][5] - Analysts anticipate that the Fed will emphasize a dual focus on both employment and inflation deviations in its policy statement, enhancing flexibility and responsiveness to economic conditions [5][6] Group 2: Communication Strategy Reforms - Proposed reforms to the Fed's communication strategy include the release of alternative economic scenarios alongside corresponding monetary policy paths, which would provide valuable decision-making insights for investors [6] - Another reform involves anonymously linking individual Federal Open Market Committee members' economic and interest rate forecasts, allowing for clearer understanding of each member's policy inclinations [6] - These changes aim to improve policy transparency and reduce ambiguity in the Fed's decision-making process, potentially enabling the market to better anticipate policy shifts [6]