He’ll discuss the results of the bank’s highly anticipated framework review,
which could result in a change to the central bank’s approach to inflation.
There’s been talk of loosening the 2% inflation target to allow for easier
monetary policy as needed.
Why it matters: The Fed’s approach to monetary policy is particularly relevant to investors given the extent to which its actions are propelling markets.
Stocks fell last week after the central bank released minutes from its July
meeting which showed ongoing concerns about the health of the economy, as well as language that indicated it may not support more aggressive stimulus measures in the near future.