Stories Tagged as
Dual mandate
As focus shifts from inflation to employment, the Fed’s job is still tricky
Oct 23, 2024
The September rate cut raised hopes for a sturdy labor market into next year and beyond. The effect on jobs, though, may take time.
Federal Reserve lifts interest rates a quarter point
by
Kai Ryssdal
and Sean McHenry
Mar 16, 2022
Citing high inflation and the tight labor market, Fed Chair Jerome Powell announces the first rate hike since 2018.
New Fed chair will carrying out the board’s dual mandate
Nov 1, 2017
President Trump is expected to announce who he’s nominating for chair of the Federal Reserve tomorrow. Current Chair Janet Yellen’s term ends in February. One thing will stay the same after Yellen leaves: the Fed’s dual mandate of balancing inflation and unemployment. Click the audio player above to hear the full story.
Tapering our own economic expectations
Oct 30, 2013
The Federal Reserve reaffirmed, to no one's surprise, that its stimulus will continue.