4 ms·
https://www.federalreserve.gov/faqs/what-economic-goals-does-federal-reserve-seek-to-achieve-through-monetary-policy.htm https://www.federalreserve.gov/faqs/wha
by kbutler 6y ago
https://www.federalreserve.gov/faqs/what-economic-goals-does-federal-reserve-seek-to-achieve-through-monetary-policy.htm https://www.federalreserve.gov/faqs/what-economic-goals-does...
The Congress has directed the Fed to conduct the nation's monetary policy to support three specific goals:
* maximum sustainable employment,
* stable prices, and
* moderate long-term interest rates.
These goals are sometimes referred to as the Fed's "mandate." [hn formatting added]
- stepstop 6y agoThank you. My mistake, not sure how I missed that word!