The FlipidoFederal 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 04:321705 view
2025-05-06 04:10815 view
2025-05-06 02:532448 view
2025-05-06 02:282222 view
2025-05-06 02:09963 view
2025-05-06 02:01688 view
There are spoilers ahead. You might want to solve today's puzzle before reading further! TriathlonCo
The so-called sandwich tax is a charge on prepared foods in some states, like California, New York,
The brands featured in this article are partners of NBCUniversal Checkout. E! makes a commission on