# Challenges to Fed’s New Monetary Policy Strategy | St. Louis Fed

> St. Louis Fed economists Kliesen and Bokun discuss challenges the FOMC may face in implementing its new strategy, particularly targeting an average 2% inflation rate over time. The post is the second of a two-part series on the framework review.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/50556-challenges-to-fed-s-new-monetary-policy-strategy-st-louis-fed
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Uncertainty over whether the Fed can deliver above-target inflation affects real rate expectations, which influence the dollar and commodity prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-21 | [The Federal Reserve’s New Monetary Policy Strategy](https://feedsoft.ai/events/50554-the-federal-reserve-s-new-monetary-policy-strategy.md) | -0.2% | -1.6% |
| DXY | 2024-05-10 | [The Fed - Monetary Policy and Exchange Rates during the Global Tightening](https://feedsoft.ai/events/30140-the-fed-monetary-policy-and-exchange-rates-during-the-global-tightening.md) | -0.8% | +1.1% |
| DXY | 2017-02-16 | [Janet Yellen: Semiannual Monetary Policy Report to the Congress](https://feedsoft.ai/events/72392-janet-yellen-semiannual-monetary-policy-report-to-the-congress.md) | -0.5% | -0.7% |
| DXY | 2019-09-22 | [Markets swing on trade and monetary policy](https://feedsoft.ai/events/57273-markets-swing-on-trade-and-monetary-policy.md) | +0.5% | -1.0% |
| DXY | 2024-02-29 | [BOJ policymaker calls for overhaul of ultra-loose monetary policy](https://feedsoft.ai/events/31908-boj-policymaker-calls-for-overhaul-of-ultra-loose-monetary-policy.md) | -0.5% | -0.1% |

## Sources

- stlouisfed.org: https://www.stlouisfed.org/on-the-economy/2020/october/challenges-fed-new-monetary-policy-strategy

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.