Event time
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This roundtable will examine how fluctuations in exchange rates shape inflation dynamics and challenge the Federal Reserve’s ability to steer the economy. We will explore the transmission mechanisms through which currency appreciation or depreciation influences import prices, export competitiveness, and interest rate decisions. The conversation will also address the tension between domestic monetary objectives and global financial interdependence, asking whether the Federal Reserve can effectively navigate exchange rate volatility without compromising its mandate for price stability and full employment.