Fed Listens is a natural outcome of this commitment to public engagement. We have heard from many people from different parts of the country and from different sectors of the economy about how monetary policy affects them and their communities. It is our responsibility as a public institution to be accountable to the public.
Hearing a broad range of perspectives on these issues will help us make good decisions as we consider new approaches to monetary policy. As I mentioned before, this afternoon’s discussion is the last in a series of Fed Listens events that we began back in February.