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 10:36431 view
2024-12-25 09:39547 view
2024-12-25 09:032186 view
2024-12-25 08:412796 view
2024-12-25 08:272171 view
2024-12-25 08:18329 view
As rapper Lil Durk seeks to be freed from jail on a $3 million bond, prosecutors charging him with a
AVONDALE, Ariz. (AP) — Joey Logano won his third NACAR Cup Series championship Sunday with a relentl
Madison Brush is sharing her side of the story.After the 29-year-old’s estrangment with dad Kody Bro