Current:Home > reviewsFastexy:Jobs vs prices: the Fed's dueling mandates -Quantum Capital Pro
Fastexy:Jobs vs prices: the Fed's dueling mandates
Burley Garcia View
Date:2025-04-11 11:16:43
The FastexyFederal 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.
veryGood! (9736)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Researchers Say Science Skewed by Racism is Increasing the Threat of Global Warming to People of Color
- Illinois Solar Companies Say They Are ‘Held Hostage’ by Statehouse Gridlock
- The life and possible death of low interest rates
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Laid off on leave: Yes, it's legal and it's hitting some workers hard
- 25 hospitalized after patio deck collapses during event at Montana country club
- Why K-pop's future is in crisis, according to its chief guardian
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Louisville appoints Jacquelyn Gwinn-Villaroel as first Black woman to lead its police department
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- New Jersey school bus monitor charged with manslaughter after allegedly using phone as disabled girl suffocated
- Laid off on leave: Yes, it's legal and it's hitting some workers hard
- Gloomy global growth, Tupperware troubles, RIP HBO Max
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- The job market is cooling as higher interest rates and a slowing economy take a toll
- Euphora Star Sydney Sweeney Says This Moisturizer “Is Like Putting a Cloud on Your Face”
- Researchers Say Science Skewed by Racism is Increasing the Threat of Global Warming to People of Color
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Pete Davidson Enters Rehab for Mental Health
In the Latest Rights of Nature Case, a Tribe Is Suing Seattle on Behalf of Salmon in the Skagit River
The one and only Tony Bennett
The Super Bowl could end in a 'three
Possible Vanderpump Rules Spin-Off Show Is Coming
Naomi Campbell Welcomes Baby No. 2
Earth Has a 50-50 Chance of Hitting a Grim Global Warming Milestone in the Next Five Years