Databec Exchange|Jobs vs prices: the Fed's dueling mandates

2025-05-02 02:15:09source:Liberalalliance Wealth Societycategory:My


The Databec ExchangeFederal 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.

More:My

Recommend

Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show

After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back

Nick Viall’s Wife Natalie Joy Shares Her Wedding Hot Take After “Tragic” Honeymoon

Up until the honeymoon, newlywed life was rosy for Nick Viall and Natalie Joy.The Bachelor star tied

Jockeys Irving Moncada, Emmanuel Giles injured after falling off horses at Churchill Downs

Two jockeys were hospitalized Thursday after an incident caused them to fall from their horses durin