The Federal Reserve has undergone a significant transformation over the years. It has shifted from being a secretive agency to a more transparent institution that shares its decision-making processes and thoughts on the economy. Details about this change are available from local news sources, including KPRC 2 in Tomball, TX.

Recently, the Federal Reserve's actions were discussed in relation to potential market volatility and interest rates. For more information on the Federal Reserve's transformation and its potential impact, readers can refer to the full article on the KPRC 2 website, Click2Houston.