In 2019, the Board launched Fed Listens with a year of listening sessions with the public focused on monetary policy and, specifically, on how the Federal Open Market Committee uses interest rates and other tools to promote a healthy economy.
While data can tell us a lot, learning about the experiences behind those data helps bring economic data to life for me and for my colleagues. Through Fed Listens and other engagements with the public, we hear about how Americans are faring in the economy and about how our policy decisions affect individuals, businesses, and communities.