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 Economics, Applied conversation at the “related video” above.

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Hoover Institution

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

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