Analysis: The Federal Reserve has downplayed its focus on inflation.
On August 1st, according to foreign media analysis reports, Federal Reserve policymakers stated that after more than two years of intense focus on controlling prices, inflation concerns are fading from the spotlight.
The Federal Reserve's rate-setting committee changed a sentence in its post-meeting policy statement, which has long stated that it is "highly attentive to inflation risks." This sentence is now written as, "The Committee is attentive to the risks to its dual mandate."
