Political Quotes

Elijah Cummings: “Collectively known as the Fed's dual mandate, these objectives are to 'promote effectively the goals of maximum…”

On the recordMarch 26, 2012
Collectively known as the Fed's dual mandate, these objectives are to 'promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.'
Said by
Elijah Cummings
Democratic · Maryland

Editor's note · Context

Cummings describes the Federal Reserve's dual mandate objectives.

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