The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the ...
It’s been a roller coaster of a week for the U.S. stock market, and markets around the world. And it’s only Wednesday. Before Monday’s big sell-off, anxiety was already building, particularly among ...
If you asked the majority of Americans what the mandate of the Federal Open Market Committee (FOMC) was, few would know and even less would care. Ask economists, Wall Street analysts, and even the Fed ...
A new critic of the Federal Reserve’s dual mandate is emerging, and wouldn’t you know if it isn’t the Fed chairman himself, Jerome Powell. The dual mandate is Fed shorthand for the hard-to-achieve — ...
The long-held dual mandate of the Federal Reserve to maintain stable prices and maximize employment is under increasing scrutiny in the nation's capital as GOP pressure on the central bank intensifies ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) For most of us, the main impact tends to be how much we have to pay to borrow to buy a ...