The Federal Reserve has a dual mandate: keep prices stable (and inflation low) and promote "maximum employment." But sometimes, as the Fed attacks one goal, it can potentially hurt the other. It's a dueling dual mandate.
Today on the show, we call up Raphael Bostic, president of the Federal Reserve Bank of Atlanta, and ask about the origins of the dual mandate and what he thinks about the tension between the two.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2024-12-25 00:492210 view
2024-12-25 00:482705 view
2024-12-24 23:502023 view
2024-12-24 23:471161 view
2024-12-24 23:372785 view
E! may get a commission if you purchase something through our links. Learn more.We’re calling it: Si
A more complete picture emerged Wednesday of the extensive damage wrought by Hurricane Beryl's trek
Topeka, Kansas — When Angelica Chernytska and her mother Larysa left war-torn Ukraine earlier this y