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Statement on Longer-Run Goals and Monetary …

Statement on Longer-Run Goals and Monetary policy strategy Adopted effective January 24, 2012; as amended effective January 30, 2018. The Federal Open Market Committee economic disturbances. The maximum level of (FOMC) is firmly committed to fulfilling its employment is largely determined by nonmon- statutory mandate from the Congress of pro- etary factors that affect the structure and dy- moting maximum employment, stable prices, namics of the labor market. These factors may and moderate long-term interest rates. The change over time and may not be directly meas- Committee seeks to explain its Monetary policy urable. Consequently, it would not be appro- decisions to the public as clearly as possible.

Statement on Longer-Run Goals and Monetary Policy Strategy Adopted effective January 24, 2012; as amended effective January 30, 2018 . The Federal

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