Political Quotes

William L. Clay: The congressional mandate for the Federal Reserve is really a two-sided coin. The Fed has a mission to both maintain…

On the recordFebruary 8, 2011
The congressional mandate for the Federal Reserve is really a two-sided coin. The Fed has a mission to both maintain stable prices and to foster conditions that promote job growth.
Said by
William L. Clay

Editor's note · Context

Clay emphasizes the dual mandate of the Federal Reserve for price stability and job growth.

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