All of the things mentioned in the article impact the Fed's mandate. It is like saying that the GFC didn't impact the Fed's mandate...but, ofc, we know it did

All of the things mentioned in the article impact the Fed's mandate. It is like saying that the GFC didn't impact the Fed's mandate...but, ofc, we know it did because they cut rates to zero and gave hundreds of billions out. Funny how that works: the Fed has no responsibility when stock prices go up, but when they go down...immediate action. And 2008 happened, in part, because of the cut to 1% in 03-04 (no-one understand this today, synthetic CDO issuance pre that cut cycle was non-existent and suddenly went to tens of billions overnight because there was insufficient AAA securities with yields that could fund liabilities). We are just going through the same stuff over and over. These things have very real economic effects, they lead to massive volatility in employment, instability in prices, and have led to financial distortions that undermine basic aspects of how an economy functions (interest rates/the price of money no longer means anything outside of what the govt says it does, the result has been the most epic misallocation of capital in the history of the US economy).