Listen To The Story
Marketplace

The Federal Reserve has two main jobs: maximize employment and keep prices stable. That second piece, stable prices, has meant the Fed tries to keep inflation at 2 percent. Former Fed Chair Ben Bernanke made that target the explicit goal about six years ago, but it's been unofficial far longer than that. Lots of other countries have this 2 percent goal, too. But now there's talk about changing the 2 percent target. Marketplace's Tracey Samuelson and Kai Ryssdal discuss the implications. 

Click the audio player above to hear the full story. 

As a nonprofit news organization, Marketplace is on a mission that drives what we do every day: to increase economic intelligence across the country. But we can’t do it alone. Become a Marketplace Investor today, in whatever amount you choose, and your donation will go twice as far, thanks to a dollar-for-dollar match from The Kendeda Fund.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Kai Ryssdal at @kairyssdal