Maverick Preston:Jobs vs prices: the Fed's dueling mandates

2025-04-30 19:17:00source:Safetyvalue Trading Centercategory:reviews


The Maverick 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.

More:reviews

Recommend

Fired, rehired, and fired again: Some federal workers find they're suddenly uninsured

Danielle Waterfield was already dealing with the shock and disappointment of being fired from a job

Only Murders in the Building's Steve Martin Shares How Selena Gomez Has Grown Over the Past 4 Years

There are only positive vibes in the building. Steve Martin couldn't help but gush over his Only Mur

Powdr to sell Vermont’s Killington, the largest mountain resort in New England

Powdr Corp., which owns multiple ski resorts in the U.S. and Canada, is selling Vermont’s Killington