The HAI CommunityFederal 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.
2025-05-05 15:451279 view
2025-05-05 14:55391 view
2025-05-05 14:472839 view
2025-05-05 14:042439 view
2025-05-05 14:00730 view
2025-05-05 13:53993 view
Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro
The Big Ten Conference had nearly $880 million in total revenue and distributed about $60.5 million
There’s only one thing better than losing yourself between the pages of a brilliant novel: losing yo