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Powell to Hold Press Conferences at Every FOMC Meeting Next Year
U.S. Fed, which currently holds press conferences after every other meeting, will start the new policy in January.
14 Jun 2018, 07:58 PM IST 
Jerome Powell, chairman of the U.S. Federal Reserve, puts on his glasses during a House Financial Services Committee hearing in Washington, D.C., the U.S. (Photographer: Andrew Harrer/Bloomberg)
(Bloomberg) -- Federal Reserve Chairman Jerome Powell said he will hold a press conference after every Federal Open Market Committee meeting beginning next year to improve communications.
The U.S. central bank, which currently holds press conferences after every other meeting, will start the new policy in January, he told reporters in Washington on Wednesday. “I want to point out that having twice as many press conference does not signal anything,” he said.
To contact the reporter on this story: Jeanna Smialek in New York at jsmialek1@bloomberg.net
To contact the editors responsible for this story: Sarah McGregor at smcgregor5@bloomberg.net, Randall Woods, Vince Golle
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