On the recordJune 20, 2023
We at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the American people.
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congress.govWe at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the American people.
Powell emphasizes the Federal Reserve's commitment to employment and price stability.
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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.