Latest on Donald Trump and the Fed Rate Cycle
Bloomberg Surveillance
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Navigating the Fed's Dual Mandate
This chapter explores the Federal Reserve's challenges in balancing price stability and employment while navigating a restrictive monetary policy. The discussion highlights recent trends in the labor market, expected interest rate adjustments, and the implications for lower-income households. It also critically examines how effective communication and transparency are vital for public trust in the Fed's decision-making process.
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