A new leader of the Federal Reserve recently spoke to lawmakers in Washington. The economy is considered to be in a stable state. However, past decisions made by the Federal Reserve have been criticized.

The central bank's goal is to address inflation. Further information about the Federal Reserve's plans can be found through national news sources. Details about the semi-annual monetary policy report are available from the House Financial Services Committee, where the new leader was required to appear and provide an update on the bank's actions.