Poinbank|Jobs vs prices: the Fed's dueling mandates

2025-05-07 04:34:01source:Desmond Prestoncategory:Scams


The PoinbankFederal 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:Scams

Recommend

Financial stress can damage your mental health. These steps may help

The tens of thousands of federal workers who have been cut from their jobs are not the only ones dea

What we learned from NFL preseason Week 1

This page is USA TODAY Sports' "4th & Monday" newsletter. Sign up here to get this delivered to

A police raid of a Kansas newsroom raises alarms about violations of press freedom

Law enforcement officers in Kansas raided the office of a local newspaper and a journalist's home on