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Fed’s New Data-Driven Era
Description
The Federal Reserve is pivoting toward a sharper, data-driven future under new leadership—less promise, more action. Five fresh task forces of outside experts are tackling everything from inflation modeling to communication strategy, aiming to modernize the central bank’s playbook. With inflation stubbornly above target and jobs holding steady, the Fed unanimously held rates steady, signaling a shift from rate-cut expectations to a more hawkish outlook—nearly half now project at least one rate hike. This isn’t about rigid promises, but about adapting in real time to deliver price stability and a stronger institutional foundation.
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