Zopes Exchange-Jobs vs prices: the Fed's dueling mandates

2025-04-30 19:07:28source:Esthen Exchangecategory:Stocks


The Zopes ExchangeFederal 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:Stocks

Recommend

The Grammy nominee you need to hear: Esperanza Spalding

How do you bring the African Diaspora to the Grammys?Esperanza Spalding and Milton Nascimento's cont

International Ice Hockey Federation to mandate neck guards after the death of a player by skate cut

The International Ice Hockey Federation announced Monday it is making neck guards mandatory for all

Ohio Republicans propose nixing home grow, increasing taxes in sweeping changes to legal marijuana

COLUMBUS, Ohio (AP) — Banning marijuana growing at home, increasing the substance’s tax rate and alt