Fed Monetary Policy Report is a written report submitted every six months by the regulator to the Congress: to the Senate Committee on Banking, Housing and Urban management, and to the House of Representatives Committee on Financial Services.
The report provides an evaluation of economic and financial conditions that affect the dollar, features prospects for the development of the national financial and banking system and the discussion of the effectiveness of measures taken to regulate monetary policy.
The report can have a short-term impact on the US dollar depending on data and estimates contained.