The EsthenFederal 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.
2025-05-06 15:021806 view
2025-05-06 14:52395 view
2025-05-06 14:471709 view
2025-05-06 14:201646 view
2025-05-06 14:12132 view
2025-05-06 13:551607 view
Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro
A man is suing the California Lottery alleging he has not received part of his winnings from a nearl
Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise