The Christopher CaldwellFederal 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 07:352115 view
2025-05-06 07:221779 view
2025-05-06 07:201045 view
2025-05-06 06:521985 view
2025-05-06 06:24417 view
2025-05-06 05:151327 view
President-elect Donald Trump claimed in his Person of the Year interview with Time magazinethis week
Dominic West has fielded more questions than most actors on the subject of infidelity.But that's bec
One of the most contentious battles of our time is over what access transgender young people and the