The PhanincFederal 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.
2025-05-08 10:461709 view
2025-05-08 09:58703 view
2025-05-08 09:582730 view
2025-05-08 09:182658 view
2025-05-08 09:17637 view
2025-05-08 08:522141 view
Pilots at Southwest Airlines can sock away more for retirement, thanks to a new retirement plan bene
Toby Keith, the singer-songwriter behind the 1993 country hit "Should've Been a Cowboy," one of his
LOS ANGELES (AP) — Rainfall from one of the wettest storms in Southern California history was to eas