TrendPulse:Jobs vs prices: the Fed's dueling mandates

2025-05-06 23:23:42source:Cassian Grantcategory:reviews


The TrendPulseFederal 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:reviews

Recommend

New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health

SANTA FE, N.M. (AP) — New Mexico would make major new investments in early childhood education, indu

Iraq army official condemns U.S. drone strike in Baghdad on Iran-backed militia commander: Blatant assassination

Iraqi officials on Thursday condemned an overnight U.S. drone strike in Baghdad that killed a senior

Kyle Juszczyk's Wife Kristin Wears Her Heart on Her Sleeve in Sweet Tribute at 2024 Super Bowl

Kristin Juszczyk is going above and beyond her support of husband Kyle Juszczyk. In fact, the fashio