An economic advisor is calling for institutional reforms within the Federal Reserve, arguing that adjustments to its current framework could improve transparency and responsiveness in monetary policy. n nWhile the central bank has maintained its dual mandate of price stability and maximum employment, critics suggest that evolving economic conditions require updated governance practices. The advisor emphasized the importance of adapting to modern financial dynamics, including digital currency trends and shifting inflation patterns. n nProposed changes include enhancing public communication strategies and reviewing decision-making protocols within the Federal Open Market Committee. The goal, according to the advisor, is to strengthen public trust and ensure the institution remains effective amid global economic uncertainty. n nAlthough no specific timeline has been set for potential reforms, the recommendation adds to a growing discussion among policymakers about the future direction of U.S. monetary institutions. n— news from Fox Business n
— News Original —nOne economic advisor calls for the Federal Reserve to reform – Fox Business n nOne economic advisor calls for the Federal Reserve to reform Fox Business
