The Federal Open Market Committee, at its annual organization meeting this week, unanimously reaffirmed its "Statement on Longer-Run Goals and Monetary Policy Strategy" (consensus statement).
The reaffirmed statement is identical to the version initially adopted in August 2020. The Committee first adopted a consensus statement in 2012.
Statement on Longer-Run Goals and Monetary Policy Strategy (PDF)
Reaffirmed January 25, 2022