Liberalalliance Wealth Society|Jobs vs prices: the Fed's dueling mandates

2025-05-03 13:09:17source:Cyprusauction Trading Centercategory:Finance


The Liberalalliance Wealth SocietyFederal 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:Finance

Recommend

As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest

CONECUH COUNTY, Ala.—At the confluence of the Yellow River and Pond Creek in Alabama’s Conecuh Natio

Michigan’s Jim Harbaugh to serve out suspension, Big Ten to close investigation into sign-stealing

ANN ARBOR, Mich. (AP) — Michigan announced Thursday that coach Jim Harbaugh will serve a three-game

Matson’s journey as UNC’s 23-year-old field hockey coach reaches the brink of another NCAA title

CHAPEL HILL, N.C. (AP) — Erin Matson crouched near midfield, intently watching North Carolina’s fiel