Reflecting the fear that the Fed’s current policy of sustained low interest rates will lead to higher inflation, the law would require the Fed to adopt a formal procedure for setting its key short-term interest rate, the “federal funds rate.” More specifically, the law suggests a specific interest-rate rule (the Reference Policy Rule) while giving the Fed the opportunity to adopt a different rule if it explains to Congress why it prefers the alternative.
出于对当前美联储保持低利率政策将导致更高通胀的担忧，该法案将要求美联储采取正式的程序设置其核心短期利率——“联邦基金利率”。更具体地说，法律表明了一个特定的利率规则（参考政策规则），并给美联储机会采用不同的规则的机会，只要它能向国会解释为什么更喜欢选择后者。