Federal Reserve to report monetary policy objectives to Congress

E259062

accountability mechanism formal report monetary policy communication

The Federal Reserve’s reports of its monetary policy objectives to Congress are formal communications that explain its goals and strategies for managing inflation, employment, and economic growth, ensuring transparency and accountability in U.S. monetary policy.

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All labels observed (1)

Label	Occurrences
Federal Reserve to report monetary policy objectives to Congress canonical	1

Statements (47)

Predicate	Object
instanceOf	accountability mechanism ⓘ formal report ⓘ monetary policy communication ⓘ
country	United States of America ⓘ surface form: United States
describes	economic growth objectives ⓘ economic outlook ⓘ employment objectives ⓘ inflation objectives ⓘ monetary policy tools ⓘ risks to the economic outlook ⓘ
documents	decisions of the Federal Open Market Committee ⓘ
frequency	regularly ⓘ
governingBody	Federal Open Market Committee ⓘ
hasAddressee	United States Congress ⓘ
hasAuthor	Federal Reserve Board of Governors ⓘ surface form: Board of Governors of the Federal Reserve System
hasPurpose	explain monetary policy objectives ⓘ explain policy strategy for economic growth ⓘ explain policy strategy for employment ⓘ explain policy strategy for inflation ⓘ inform Congress about economic conditions ⓘ promote accountability in monetary policy ⓘ promote transparency in monetary policy ⓘ
includes	analysis of recent economic developments ⓘ discussion of long-run goals for employment ⓘ discussion of long-run goals for inflation ⓘ discussion of maximum employment ⓘ discussion of price stability ⓘ discussion of the dual mandate ⓘ projections for key economic variables ⓘ
isAccompaniedBy	testimony by the Chair of the Federal Reserve ⓘ
isDeliveredTo	House Committee on Financial Services ⓘ Senate Committee on Banking, Housing, and Urban Affairs ⓘ
isMadeAvailableTo	general public ⓘ
isPartOf	Federal Reserve communications strategy ⓘ
isPublishedBy	Federal Reserve Board of Governors ⓘ surface form: Federal Reserve Board
isRelatedTo	Federal Reserve Act of 1913 ⓘ surface form: Federal Reserve Act Full Employment and Balanced Growth Act of 1978 ⓘ Humphrey–Hawkins Act ⓘ surface form: Humphrey-Hawkins Act Monetary Policy Report ⓘ
isRequiredBy	U.S. law ⓘ
language	English ⓘ
medium	electronic document ⓘ written document ⓘ
regulatesDomain	U.S. monetary policy ⓘ
supports	Congressional oversight of the Federal Reserve ⓘ public understanding of monetary policy ⓘ
timePeriod	contemporary U.S. economy ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Full Employment and Balanced Growth Act of 1978 → requires → Federal Reserve to report monetary policy objectives to Congress ⓘ