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The Federal Reserve (FED) meeting minutes: The risks and uncertainties in the economy are widespread and are important factors influencing decision-making.


On July 10, the latest minutes from the Federal Reserve's June meeting revealed that participants pointed out that risks and uncertainties are important factors affecting their decisions, and emphasized the need to formulate a policy strategy aimed at achieving the committee's maximum employment and price stability goals amid a range of highly uncertain developments. Participants acknowledged that risks and uncertainties in the economy are pervasive and pose challenges to the design and communication of monetary policy. They noted that measuring and assessing risks and uncertainties is difficult, and the committee relies on a broad set of indicators as well as information from business and community contacts to gauge the evolving risks, particularly in times of heightened uncertainty, which is very helpful to the committee.
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