The Sterling PrestonFederal 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.
2025-05-01 20:07345 view
2025-05-01 20:03984 view
2025-05-01 19:042917 view
2025-05-01 19:01180 view
2025-05-01 18:312394 view
2025-05-01 18:051244 view
Get ready for phase two.Apple's latest operating system update is available today for iPhone, iPad,
Kelley Flanagan has handed out a new rose.One month after the attorney and her on-and-off again boyf
We interviewed Dimitris Giannetos because we think you'll like his picks at these prices. E! has aff