Ah so this might be non-obvious context — the fed’s mandate is 1) maximum employment and 2) stable prices, which the Fed has, historically, defined as 2%. So sa

Ah so this might be non-obvious context — the fed’s mandate is 1) maximum employment and 2) stable prices, which the Fed has, historically, defined as 2%. So saying this in the press release is basically like if i restated my company’s publicly known OKRs every time I made an announcement. More on the mandate: https://www.brookings.edu/blog/up-front/2022/02/23/how-does-the-fed-define-maximum-employment/amp/ https://www.brookings.edu/blog/up-front/2022/02/23/how-does-...