Fed
How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’
How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’ The Federal Reserve’s dual mandate includes promoting maximum employment and stable prices, but it also has a third objective: moderate long-term interest rates. The third mandate was originally part of the Fed’s goals in the 1977 Federal Reserve […]
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Trump’s ‘golden age’ economic message undercut by his desire for much lower interest rates – which typically signal a weak jobs market
Trump’s ‘golden age’ economic message undercut by his desire for much lower interest rates – which typically signal a weak jobs market President Donald Trump claims the US economy has entered a “golden age,” but his desire for lower interest rates contradicts this message, as lower rates typically signal a weak jobs market. Trump’s nominee […]
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