The Fed just announced a big change to how it communicates with America

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• The Federal Reserve will hold press conferences after every policy meeting as from January 2019 instead of quarterly, Chairman Jerome Powell announced on Wednesday. 
• Since Ben Bernanke began the practice in April 2011, meetings have been held once every quarter. 
• "This change is only about improving communications," Powell said, adding that holding more press conferences does not signal a faster pace of rate hikes. 

Federal Reserve Chairman Jerome Powell announced Wednesday that as from January 2019, he will hold press conferences after every policy meeting. 

Powell was speaking to reporters after the Fed announced its decision to raise interest rates.See the rest of the story at Business Insider

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