Communicating the Fed's Dual Mandate | Economics, Applied
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YouTubeHoover Institution
Communicating the Fed's Dual Mandate | Economics, Applied
When inflation runs above target and the labor market remains strong, the Federal Reserve's dual mandate of price stability and maximum employment comes into tension. Federal Reserve Bank of San Francisco President Mary C. Daly talks to Hoover Senior Fellow about how these trade-offs complicate communication with the public. Watch the full ...
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