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

2025-05-06 22:37:05source:AstraTradecategory:Stocks


The RekubitFederal 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

Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game

NFL games are a spectrum. Some are back-and-forth shootouts. Others are duds without much scoring at

2024 Olympics: See Céline Dion Arrive in Paris Ahead of Her Opening Ceremony Performance

Céline Dion is ready to live la vie en rose.The legendary singer stepped out in Paris ahead of her p

Whale Throwing 2 New Hampshire Men Overboard in Freak Accident Has Internet Flipping Out

Two New Hampshire fisherman had to orca-strate a path to safety following a scary encounter. After a