4 ms·
The Fed's interest rate goal (which is half of their dual mandate) is 2%.
by presto8 9mo ago
The Fed's interest rate goal (which is half of their dual mandate) is 2%.
- bakies 9mo agoI believe that's the inflation goal, which is one of the two mandates. The other goal being maximum employment. But I was wrong about ZIRP anyway. It's not a goal to get there it's what was used to strengthen the economy after 2008 and 2020 economic hardships.