EchoSense-Jobs vs prices: the Fed's dueling mandates

2025-05-06 05:32:28source:Strategel Wealth Societycategory:Markets


The EchoSenseFederal 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:Markets

Recommend

Stamford Road collision sends motorcyclist flying; driver arrested

A motorcyclist was taken to hospital following an accident involving a car and his motorcycle at the

The Latest: Trump and Harris are set to debate in Philadelphia

Kamala Harris and Donald Trump are gearing up to take the stage for Tuesday night’s debate in Philad

Illinois man wrongly imprisoned for murder wins $50 million jury award

CHICAGO (AP) — A federal jury has awarded $50 million in damages to a suburban Chicago man who was e