Journal Article
The Singularity of the Dual Mandate
Abstract: Economic security depends on both jobs and stable prices. Together, these two congressionally mandated goals constitute the Fed’s dual mandate. This mandate is not a choice between two desirable things. It is a balance meant to deliver on a singular goal—a sustainable and expanding economy that works for everyone.
Keywords: jobs; price stability; dual mandate;
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Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2022-10-03
Volume: 2022
Issue: 27
Pages: 8
Note: The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco at Boise State University on September 29.