Current:Home > MyJobs vs prices: the Fed's dueling mandates-Angel Dreamer Wealth Society D1 Reviews & Insights
Jobs vs prices: the Fed's dueling mandates
View Date:2024-12-23 23:44:38
The Federal 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! (69)
Related
- 'Heretic' spoilers! Hugh Grant spills on his horror villain's fears and fate
- Biden revisits decaying Wisconsin bridge to announce $5B for infrastructure in election year pitch
- Colombia declares a disaster because of wildfires and asks for international help
- Justin Timberlake Releases First Solo Song in 6 Years
- Bridgerton's Luke Newton Details His Physical Transformation for Season 3's Leading Role
- States can't figure out how to execute inmates. Alabama is trying something new.
- South Korean police say a lawmaker has been injured in an attack with a rock-like object
- American founder of Haitian orphanage to appear in court on sexual abuse charges
- Chet Holmgren injury update: Oklahoma City Thunder star suffers hip fracture
- YouTuber accused topping 150 mph on his motorcycle on Colorado intestate wanted on multiple charges
Ranking
- Republican Gabe Evans ousts Democratic US Rep. Yadira Caraveo in Colorado
- 14 states are cutting individual income taxes in 2024. Here are where taxpayers are getting a break.
- Do Stanley cups contain lead? What you should know about claims, safety of the tumblers
- Brittany Mahomes Details “Scariest Experience” of Baby Bronze’s Hospitalization
- Love Actually Secrets That Will Be Perfect to You
- Calling All Cupids: Anthropologie’s Valentine’s Day Shop Is Full of Date Night Outfits & More Cute Finds
- Harbaugh returning to NFL to coach Chargers after leading Michigan to national title, AP sources say
- Who is Gracie Abrams? Get to know the Grammy best new artist nominee's heartbreaking hits.
Recommendation
-
Halle Berry Rocks Sheer Dress She Wore to 2002 Oscars 22 Years Later
-
What's next for Eagles? Nick Sirianni out to 'reprove' himself; GM defends Jalen Hurts
-
Harbaugh returning to NFL to coach Chargers after leading Michigan to national title, AP sources say
-
'Zone of Interest': How the Oscar-nominated Holocaust drama depicts an 'ambient genocide'
-
Who will save Florida athletics? Gators need fixing, and it doesn't stop at Billy Napier
-
Biden revisits decaying Wisconsin bridge to announce $5B for infrastructure in election year pitch
-
'Feud: Capote vs. The Swans': Premiere date, cast, trailer, what to know about new season
-
Washington and Baghdad plan to hold talks soon to end presence of US-led coalition in Iraq