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Economic mobility and the dual mandate - Caribbean News Global

Summary by Caribbean News Global
At the Economic Mobility Summit, hosted by the Federal Reserve Bank of Philadelphia, Philadelphia, Pennsylvania As monetary policymakers, my colleagues and I on the Federal Open Market Committee do not have direct control over economic mobility in the US Our key monetary policy tools are not designed to address this issue, nor is economic mobility part of our mandate. However, our dual mandate of maximum employment and price stability has implic…
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Giving Compass broke the news in on Monday, April 21, 2025.
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